Canada’s Mark Carney signals austerity measures as government shifts focus from Trump to economy
Prime minister cautioned Canadians as Ottawa moves to curb spending to balance near-record military expendituresMark Carney has told Canadians to prepare for austerity measures and his finance minister warned of “tough choices” in the coming months, as the government attempts to balance...
<p>Prime minister cautioned Canadians as Ottawa moves to curb spending to balance near-record military expenditures</p><p><a href="https://www.theguardian.com/world/mark-carney">Mark Carney</a> has told Canadians to prepare for austerity measures and his finance minister warned of “tough choices” in the coming months, as the government attempts to balance near-record defence spending, cuts to government programs and a trade war with the United States.</p><p>Carney, the former central banker and economist turned politician, has been meeting senior ministers ahead of the fall budget, and hinted cuts were coming to the federal bureaucracy.</p> <a href="https://www.theguardian.com/world/2025/sep/04/canada-carney-budget-trump">Continue reading...</a>
Read the full article at:
The Guardian World →