federal budget

Carney’s budget triggers national outcry

By: Ashima Shukla, Staff Writer  Prime Minister Mark Carney’s government tabled its first federal budget on November 4.  A few months ago, he remarked that Canada is facing a moment of “rupture” — seeing “the arrival of a ‘new age of economic nationalism and mercantilism’ and described the current moment as an ‘age of adversity.’” Much of the growing economic instability stems from the ongoing US-Canada trade tensions and American tariffs. To confront these challenges, Budget 2025 proposes a major shift in Canada’s financial strategy by targeting investments at enhancing competitiveness, self-sufficiency, and resilience.  To that end, it outlines “$141…

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