Canada, budget
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What is a federal budget? CBC Kids News explains as Prime Minister Mark Carney reveals how the Liberals plan to spend Canada’s money.
Other measures include a 'super-reduction' to Canada's marginal effective tax rate and further automating traveller screening at the nation's airports.
In June, the Pew Research Center found that 74 percent of Americans hold favorable views of Canada, while 34 percent view the country unfavorably. Their polling on Trump’s approval tells a similar story as Gallup. It began at 47 percent but dropped to 38 percent in August.
Canada is set to launch a C$50 billion ($35.5 billion) infrastructure fund to build projects in sectors such as hospitals, transportation and housing, as the government tries to boost an economy that’s being squeezed by US tariffs.
Prime Minister Mark Carney is focusing on what the country can control, including looking for economic partnerships abroad, especially in Asia.
Air Canada is set to wrestle with higher labor costs and sluggish U.S. leisure travel in 2026, as the country's largest carrier plans to bring 35 new planes into its fleet, company executives told analysts on Wednesday.