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Tag Archives:
business
Billions of dollars allocated for defence in budget as global spending race ramps up
by Kyle Duggan OTTAWA - The federal government unveiled plans Tuesday to shell out $73 billion for national defence by the end of the decade - a staggering sum as Canada positions itself to meet aggre...
The Canadian Press
Nov 04, 2025
Prime Minister Mark Carney checks out an Orion-H9 Counter-UAS, a directional drone disrupter, as he visits a vehicle display at the Adazi Military base in Adazi, Latvia on Wednesday, Aug. 27, 2025. (THE CANADIAN PRESS/Christinne Muschi)
Budget 2025: Feds to move on regulating stablecoins
The federal government says in Tuesday's budget that it will move ahead to regulate stablecoins, following on a move this past summer by the United States to do so. Stablecoins are a kind of crypto as...
The Canadian Press
Nov 04, 2025
Finance Minister Francois-Philippe Champagne shakes hands with Prime Minister Mark Carney after delivering his budget speech in the House of Commons, in Ottawa, Tuesday, Nov. 4, 2025. (THE CANADIAN PRESS/Sean Kilpatrick)
Ottawa cutting foreign aid and research spending back to pre-pandemic level
OTTAWA - The Carney government laid out plan to cut the foreign aid budget to a level in line with Canada's pre-pandemic allocations - despite promising during the election not to cut back aid. Tuesda...
The Canadian Press
Nov 04, 2025
P.E.I. to spend $857 million over five years for health, education and infrastructure
CHARLOTTETOWN - Prince Edward Island says it plans to spend $857 million over the next five years on major projects. The capital budget presented by Finance Minister Jill Burridge focuses on health ca...
The Canadian Press
Nov 04, 2025
Feds unveil new climate strategy with no details on Canada's emission commitments
OTTAWA - The federal government's climate competitiveness strategy promises a stronger industrial carbon pricing system and the prospect of ending the emissions cap on oil and gas production to drive ...
The Canadian Press
Nov 04, 2025
Feds pitch $2B fund for critical minerals investments, including equity stakes
OTTAWA - The federal budget says Canada will take out equity stakes in critical mineral projects to open up mining and position Canada as a major global supplier. The federal budget, released Tuesday ...
The Canadian Press
Nov 04, 2025
Global Affairs Canada could merge embassies with allies, must focus on trade: budget
OTTAWA - The Carney government's first budget redirects diplomatic dollars to the trade file while cutting Global Affairs Canada's budget - possibly by merging some embassies with those operated by li...
The Canadian Press
Nov 04, 2025
Federal budget forecasts $78B deficit as Liberals shift spending to capital projects
OTTAWA - This year's federal budget contains a deficit nearly twice the size forecast by the Liberals a year ago, as Prime Minister Mark Carney's government prioritizes capital project spending over p...
The Canadian Press
Nov 04, 2025
What's missing from the Carney government's first federal budget
OTTAWA - Prime Minister Mark Carney's first federal budget represents a shift in policy from Justin Trudeau as the Liberals bet that major investments in an economic transformation will pay off with m...
The Canadian Press
Nov 04, 2025
Travel agents hope for return of 'glory times' as China resumes group tours to Canada
VANCOUVER - Travel agents are celebrating Beijing's decision to resume group tourism to Canada after a five-year halt, hoping for the return of big-spending Chinese visitors who were a dominant presen...
The Canadian Press
Nov 04, 2025
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