• Budget 2026 title and theme focus on Canada’s sovereignty, minister reveals

    Source: Global News Politics
    Date: 2026-10-29 15:00:05.0
    Tags: [National, Finance, Economy, Trade, Seniors, Governance]

    National Revenue Minister François-Philippe Champagne announced that the federal government will table Budget 2026 on November 5, 2026, under the title and theme "MASTERS OF OUR DESTINY: BUDGET 2026" (inspired by Jean Lesage's 1962 Quebec slogan "Maîtres chez nous"). Prime Minister Mark Carney's government designed the upcoming budget to address a period of profound change and uncertainty involving redefined trade relationships, U.S. tariffs, trade tensions, and geopolitical conflicts threatening Canadian sovereignty and economic resilience.

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  • Liberal government to table budget on Nov. 5

    Source: CBC Politics
    Date: 2026-10-20 18:50:43.0
    Tags: [National, Economy, Finance, Trade, Governance]

    Federal Finance Minister François-Philippe Champagne announced that the Liberal government under Prime Minister Mark Carney will table its federal budget on November 5, marking the second consecutive fall fiscal plan. The upcoming budget follows a spring economic update that projected a $65-billion deficit for the current fiscal year and comes amid a revised Parliamentary Budget Office outlook forecasting real GDP growth of 0.9 per cent for the year and a budgetary deficit peaking at $70.2 billion in 2027-28. The economic landscape is further defined by collapse in Canada-U.S. trade talks, reciprocal tariff implementations, and an annual inflation rate rising to 3.1 per cent in September primarily driven by fuel prices.

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  • 'Momentous decision': Alberta separation could cost up to $170 billion, says U of C report

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-09-16 17:30:44.0
    Tags: [Alberta, Economy, Finance, Governance, Taxation, Trade]

    A government-commissioned report from the University of Calgary School of Public Policy estimates that establishing an independent Alberta would cost between $50 billion and $170 billion in the first five years following separation. Under a 'smooth' secession scenario, the report projects Alberta would add nearly $210 billion in debt—largely from its share of Canada's national debt—along with short-term GDP contraction and initial per-capita tax increases of over $800. Under a 'difficult' scenario involving adversarial negotiations, Alberta's total debt could approach $442 billion (making up nearly 90 per cent of its GDP) with per-capita wage losses reaching $5,500 and short-term tax increases of $5,400 over the first five years. The findings precede an October 19 vote regarding whether the province should further pursue separation, as overseen by Finance Minister Jason Nixon's office and a five-member advisory panel.

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  • Conservatives want the Liberals to release the rejected U.S. trade deal. Should they?

    Source: CBC Politics
    Date: 2026-08-27 15:10:27.0
    Tags: [National, Trade, Economy, Finance, Governance]

    Following the collapse of trade negotiations that led the United States to impose 50 per cent tariffs on hundreds of Canadian imports, Conservative Leader Pierre Poilievre and Bloc Québécois Leader Yves-François Blanchet called on Prime Minister Mark Carney's federal government to release the rejected draft text of the trade agreement. Finance Minister François-Philippe Champagne defended the government's approach by noting that key details had been publicly reported and that the negotiations were extensively advertised. Meanwhile, trade and policy experts offered contrasting views, with Lawrence Herman of the C.D. Howe Institute arguing that releasing the text would compromise future negotiation positions, while Carlo Dade of the University of Calgary contended that transparency is necessary to preserve national unity against potential U.S. divide-and-conquer tactics under Section 338 of the U.S. Tariff Act.

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