Toronto Sun

LILLEY: Carney's first budget a missed opportunity for all of Canada

JasminLaine_

The Wall Street Journal

Canada Plans Wider Deficits to Jolt Economy

Bank of Canada

Bank of Canada lowers policy rate to 2%

fordnation

FOX News

Trump escalates Canada tariffs to 35% while setting new tariff rates for dozens of other countries

MarkJCarney

National Post

Nova Scotia MP Chris d'Entremont crosses floor from Tories to Liberals on budget day

Government of Canada

Our plan: Building Canada strong

Read the full text of Canada's 2025 federal budget from Prime Minister Mark Carney

Global News

Carneys 1st budget aims to balance generational spending with cuts - National

CUPE

Carney's first budget gives corporations a free ride and leaves working Canadians behind

Financial Times

Canada’s Mark Carney pledges C$141bn to counter Donald Trump’s trade war

CTVNews

What Budget 2025 includes for everyday Canadians

Reuters

Carney's first budget falls short on vow to transform Canadian economy

BBC News

Canada's Mark Carney promises 'bold' first federal budget

The New York Times

What To Know Canada Budget.Html

Fraser Institute

Pulling Back Curtain Carney Governments First Budget

Carney's 1st budget calls for billions in new spending to prop up tariff-hit economy

The Globe and Mail

Federal budget highlights 2025: What stands out in Carney's Trump survival plan

Metaculus

CANZUK Free Movement Zone by 2029

Donald Trump

Justin Trudeau

Mélanie Joly

David Cohen

John Bolton

Pierre Poilievre

Doug Ford

Mark Carney

Mike Waltz

Anita Anand

Francois-Philippe Champagne

David Eby

Dominic LeBlanc

Marc Miller

Max Boot

Peter A. Coclanis

Michael McFaul

Don Winslow

Mick Mulvaney 

"America is not Canada, and Canada never, ever will be part of America in any way, shape or form."

"Canada will never be the 51st [US] state."

"There isn't a snowball's chance in hell that Canada would become part of the United States."

"Barring a military blitzkrieg to seize Ottawa, the chances of Canada becoming the 51st state are approximately zero."

"We are not going to be annexed [by the US]."

"Canada is not for sale and will never be the 51st [US] state."

"I think that the Canadian people, many of them, would love to join the United States with no tariffs, with lower taxes."

"The artificial line of separation [between Canada and the US] drawn many years ago will finally disappear."

Will Canada Join the United States of America as the 51st State?

Chrystia Freeland

Armon Shokravi


Deepak Shenoy

"I am announcing today common sense Conservatives will reverse last June’s Liberal tax hike on capital gains—a tax economists agree will kill 400,000 jobs."

"Canada will increase its capital gains taxes by effectively about 30% higher tax."

"We are very committed to the capital gains measures that we put forward in the budget."

Will the Capital Gains Tax in Canada Be Raised?

Prime Minister Mark Carney unveiled Canada's first federal budget under his leadership on Tuesday, proposing C$280 billion in spending over five years for infrastructure and defense while implementing C$60 billion in cuts to government operations.</span

Prime Minister Mark Carney unveiled Canada's first federal budget under his leadership on Tuesday, proposing C$280 billion in spending over five years for infrastructure and defense while implementing C$60 billion in cuts to government operations.

The budget increases Canada's deficit to C$78.3 billion from the previously forecast C$42.2 billion, with analysts noting this represents nearly double the deficit originally planned by the former Trudeau government.</span

The budget increases Canada's deficit to C$78.3 billion from the previously forecast C$42.2 billion, with analysts noting this represents nearly double the deficit originally planned by the former Trudeau government.

Carney's spending plan responds to US President Donald Trump's trade war, including a 35% tariff on Canadian exports not covered by the US-Mexico-Canada trade agreement and higher rates of 50% on steel and aluminum.</span

Carney's spending plan responds to US President Donald Trump's trade war, including a 35% tariff on Canadian exports not covered by the US-Mexico-Canada trade agreement and higher rates of 50% on steel and aluminum.

The government will reduce the federal public service by approximately 40,000 positions by 2028, representing a 10% cut in jobs, while maintaining social programs like the $10-a-day childcare program and dental care.</span

The government will reduce the federal public service by approximately 40,000 positions by 2028, representing a 10% cut in jobs, while maintaining social programs like the $10-a-day childcare program and dental care.

Canada's economy faces structural challenges with the Bank of Canada projecting GDP growth of 1.2% in 2025, 1.1% in 2026 and 1.6% in 2027, while youth unemployment has reached a 15-year high excluding the pandemic.</span

Canada's economy faces structural challenges with the Bank of Canada projecting GDP growth of 1.2% in 2025, 1.1% in 2026 and 1.6% in 2027, while youth unemployment has reached a 15-year high excluding the pandemic.

The Liberal Party needs support from opposition parties to pass the budget as they hold a minority government, with analysts suggesting the New Democratic Party may abstain from voting to allow passage.</span

The Liberal Party needs support from opposition parties to pass the budget as they hold a minority government, with analysts suggesting the New Democratic Party may abstain from voting to allow passage.

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Carney Unveils C$280B Budget, Doubles Canada's Deficit

Carney Unveils C$280B Budget, Doubles Canada's Deficit

Carney Unveils C$280B Budget, Doubles Canada's Deficit

The Controversies

Carney

Poilievre

Trudeau

Boot

Joly

Ford

Waltz

Trump

Poilievre

Shenoy

Freeland

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Carney Unveils C$280B Budget, Doubles Canada's Deficit

Carney Unveils C$280B Budget, Doubles Canada's Deficit

The Controversies

Carney

Poilievre

Trudeau

Boot

Joly

Ford

Waltz

Trump

Poilievre

Shenoy

Freeland

Articles on this story

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