The Canadian federal election is shaping up to be a pivotal contest over the country’s economic direction and sovereignty. Liberal leader Mark Carney has unveiled a platform promising tax cuts, increased defense and infrastructure spending, and a shift away from economic reliance on the United States. The plan also includes larger deficits and $28 billion in unspecified spending cuts, as well as changes to carbon tax policies. The election comes amid global uncertainty, with international developments—such as a potential Trump presidency—impacting Canada’s economic outlook. Competing visions from Carney and other party leaders highlight the stakes for Canada’s future.
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Liberal Party releases election platform that includes larger deficits, $28-billion in undefined spending cuts
Liberal Leader Mark Carney’s election platform relies on larger projected deficits in the coming years and $28-billion over four years in undefined spending cuts to cover the cost of his party’s campaign promises.
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Election 2025: Carney and Singh Offer Competing Visions for Canada’s Economy and Sovereignty Amid Global Turmoil
With President Trump’s return to the White House sending ripples through global markets and Canada’s trading relationships, the 2025 federal election is emerging as a defining moment for the country’s economic future and sovereignty.
