The Carney government laid out its first federal budget, pledging billions in new spending aimed at reshaping Canada's economy in the face of U.S. tariffs.

From infrastructure to defence, Prime Minister Mark Carney has pledged billions to the projects, including a housing plan that is billed as the most ambitious plan of its kind since World War II.

It also includes big cuts to the civil service: 10 per cent or around 15,000 positions.

As Touria Izri reports, the financial plan comes with a significant deficit.

For more info, please go to globalnews.ca/news/11510580/budget-2025-mark-carne…
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