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‘Government Will Have to Respond,’ Says Former Budget Officer Ahead of Federal Budget
The budget aims to boost investment and growth to counter U.S. trade war impacts with capital projects and austerity measures, Finance Minister says.
- On Nov. 3, 2025, Finance Minister François-Philippe Champagne tabled the Carney government's first federal budget focused on investment and growth.
- Because the budget was delayed by about half a year amid a tariff war with the United States, affected industries like forestry, steel, aluminum, and canola face affordability and employment pressures.
- Interim parliamentary budget officer Jason Jacques reported two differing deficit estimates: $75 billion and $90 billion, and a Nanos poll finds Canadians divided on priorities.
- Because the vote is a confidence measure, its failure would collapse the government and trigger an election, with the Liberals three seats shy of a majority needing some opposition MPs' support.
- Finance Minister François-Philippe Champagne must now defend spending, cuts, and new accounting while Government House leader Steven MacKinnon said the budget will be affordable and create youth opportunities.
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Prince George Citizen+14 Reposted by 14 other sources
In the news today: Liberals to deliver federal budget today
Here is a roundup of stories from The Canadian Press designed to bring you up to speed...
·Prince George, Canada
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‘Government will have to respond,’ says former budget officer ahead of federal budget
A former assistant parliamentary budget officer says Prime Minister Mark Carney’s first budget will need to focus on investment and growth as Canada struggles with the fallout of a trade war with the United States.
·Canada
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Coverage Details
Total News Sources22
Leaning Left12Leaning Right0Center2Last UpdatedBias Distribution86% Left
Bias Distribution
- 86% of the sources lean Left
86% Left
L 86%
14%
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