Tag: spends

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…