Entitled ‘Canada Strong’ the 2025 budget envisions significant new defence spending, a reduction of the civil service and ‘generational investments’

Country set to unveil PM Mark Carney’s spending plan as it battles trade war with US and protracted cost of living crisis

The prime minister has promised "generational investments" and warned of "sacrifices" as he seeks to transform an economy upended by US tariffs.

The federal budget from Canada's PM seeks to attract business investment and protect sectors hit by the ongoing trade war with the Trump administration.

From tariff cushions to space launches to Eurovision, Prime Minister Carney’s first budget aims to protect Canada while looking beyond the US.

Entitled ‘Canada Strong’ the 2025 budget envisions significant new defence spending, a reduction of the civil service and ‘generational investments’

The budget, which Carney presented on Tuesday, ended up falling short on ambition, experts said.