Carney earmarks billions in new spending to counter U.S. protectionism | Unpublished
Hello!
Source Feed: The Globe and Mail
Author: Robert Fife, Stephanie Levitz
Publication Date: November 4, 2025 - 16:07

Carney earmarks billions in new spending to counter U.S. protectionism

November 4, 2025

Prime Minister Mark Carney’s government unveiled a blueprint Tuesday to counter rising U.S. protectionism and bolster a sluggish economy through tax incentives to spur corporate investment, targeted federal spending and cuts to the public service.

Mr. Carney’s first budget, presented to the House of Commons by Finance Minister François-Philippe Champagne, lays out net new spending of $89.7-billion over five years and roughly $56-billion in savings from cuts to the public service and program spending. Mr. Champagne said the budget could spur $1-trillion of investment.



Unpublished Newswire

 
A Global News camera operator at the scene of the Universal Ostrich Farm said gunshots were first heard around 6 p.m. on Thursday.
November 7, 2025 - 13:01 | Amy Judd | Global News - Canada
OTTAWA — Who is Kristalina Ivanova Georgieva-Kinova? And how did she apparently convince the debt-ridden Canadian government to spend billions of dollars?   Georgieva-Kinova, or simply Georgieva as she is known professionally, is a Bulgarian economist who has been the managing director of the International Monetary Fund (IMF) for the last six years.   But unlike most 72-year-old, eastern European technocrats, Georgieva seems in recent months to have had a profound influence on Canadian fiscal policy.     At almost every public stop in recent weeks, including Thursday’s post-...
November 7, 2025 - 12:41 | Simon Tuck | National Post
Hundreds of flight cancellations spread across the U.S. as airlines began complying with the Federal Aviation Administration's unprecedented order to scale down routes nationwide.
November 7, 2025 - 11:57 | Uday Rana | Global News - Canada