Carney seeks to fortify Canada against tariffs shocks in first budget

Tuesday's budget is the first to be tabled by Prime Minister Mark Carney, who took office earlier this year

The budget does outline cuts, however, including slashing the size of the federal workforce by some 10% in the coming years.

The spending is offset by plans to attract C$1tn of investment into Canada over the next five years, with the federal government arguing more restrained spending would eliminate "vital social programmes" and funding for Canada's future.

Billed an "investment budget" by the

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