Canada budget adds tens of billions to deficit as Carney spe...

🇺🇸 @news-EN G1 05.11.2025
Canada budget adds tens of billions to deficit as Carney spends to dampen Trump tariffs effect 🔗 Budget envisions significant increase in defence spending, cuts to civil service and ‘generational investments’A protracted trade war with the United States and a weakening domestic economy has forced Mark Carney to run a deficit tens of billions larger than initially forecast in his first-ever federal budget.The spending plan, titled “Canada Strong” envisions significant new defence spending, a reduction of the country’s civil service and “generational investments” that would reshape the nature of the country’s economy. Continue reading... #englishnews #guardian #worldnews #analysis
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