Carney budget targets trade independence, housing and growthCarney budget pairs economic independence with relief for householdsCarney’s big-spending budget leaves a large deficit and hard questions
On November 5, Mark Carney’s government unveiled a C$142.1 billion budget focused on reducing Canada’s reliance on the United States, supporting the economy and addressing homelessness and housing affordability.On November 5, Mark Carney’s government unveiled a C$142.1 billion plan to counter U.S. tariff pressures while funding homelessness programs, housing support and a larger grocery benefit.On November 5, Mark Carney’s government announced C$142.1 billion in new spending and tax measures, including housing and business support, while projecting a C$62.3 billion deficit for 2026-27.