Canada's next budget to be unveiled this week amid U.S. trade war, economic uncertainty

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Source: CBC Politics
Date: 2026-11-02 09:00:00.0
Tags: [National, Economy, Taxation, Finance, Trade, Infrastructure, Defence, Housing, Culture]

Prime Minister Mark Carney's upcoming federal budget, set to be unveiled by Finance Minister François-Philippe Champagne under the title "Masters of Our Destiny" ("Maîtres Chez Nous"), will focus on affordability measures, business tax incentives, and strategic investments in infrastructure, defence, and culture. The fiscal plan addresses ongoing economic uncertainty and a U.S. trade war while factoring in a Parliamentary Budget Office projection that public debt charges will reach $83 billion by 2030-31. Stakeholders such as the Canadian Federation of Independent Business and the Council of Canadian Innovators are pressing for targeted tax relief, including reductions to small business corporate tax rates and technology sector capital gains incentives. Meanwhile, economists note that housing delivery under the Build Canada Homes initiative remains behind targets, with only about 2,000 of 19,000 committed affordable units currently under construction.

Western defence hub marshals housing plans in Edmonton

Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-10-16 14:07:07.0
Tags: [Alberta, Municipal, Housing, Infrastructure, Defence, Economy]

Edmonton is preparing for a major housing and economic surge driven by federal military spending increases toward a NATO five per cent benchmark, positioning CFB Edmonton as Canada's primary manoeuvre division. The expansion will bring an estimated 5,000 troops and their families to the region, complementing over 1,000 new military housing units and projects like a $22.5 million net-zero-emissions-ready apartment development at CFB Edmonton. Local homebuilders and developers are gearing up for increased housing demand beginning in late 2027, supported by municipal infrastructure planning in areas like Marquis and Quarry South, as well as St. Albert receiving $28 million from the federal Build Communities Strong Fund for regional servicing.