Canada's Mark Carney promises 'bold' 1st federal budget
Digest more
Prime Minister Mark Carney’s government announced plans to enable $1 trillion in investments to drive productivity and boost the Canadian economy to enhance partnerships at home through a new industrial strategy.
The federal government is significantly reducing the number of temporary residents it allows into Canada over the next few years.
Canada's budget deficit is forecast to hit a historic C$381.6 billion ($293.9 billion) on COVID-19 emergency aid, with the federal government eyeing C$100 billion in stimulus to be rolled out once the virus is under control,
The government of Prime Minister Mark Carney unveiled a program of big spending to spur Canada’s economy and reduce its dependence on the United States.
1don MSN
Conservative MP joins Canada’s Liberal government, moving Carney closer to majority government
OTTAWA — A Conservative MP has crossed the floor to join Canada’s Liberal Party, moving Mark Carney one step closer to securing a majority government. The move reflects a concerted push from the Liberals to ensure Carney’s legislative agenda is safe until 2029.
The government originally planned to cap foreign student visas at 305,000 over the next two years but Carney’s government will slash that in half by next year
More than a month into rotating Canada Post strikes, workers and the businesses that use the national postal service are grappling with uncertainty.
Estimates vary, with the Parliamentary Budget Officer forecasting a $68.5-billion deficit, Desjardins Group expecting a $70-billion deficit, the Bank of Montreal pegging it at $80 billion and the National Bank of Canada expecting a $100-billion shortfall.
Canada's manufacturers on Monday asked the federal government to curb a brewing labor dispute after dockworkers at the country's second largest port said they will work less this week.
Canada's Liberal government has proposed a C$2 billion sovereign fund and hundreds of millions in new spending, alongside tax credit expansions, to bolster its domestic critical minerals supply chains and strengthen national security.
The federal government released its budget on Tuesday and local businesses and politicians are reacting to the measures that were and were not included in it. One Guelph business says a decision to end a loan program to help people make their homes more green will hurt homeowners,