Canada's budget shortfall will more than double this year as Prime Minister Mark Carney pours billions of dollars to fight U.S. tariffs, boost defense spending and diversify trade, his maiden budget proposal showed on Tuesday.

Canada's Prime Minister Mark Carney will unleash a major fiscal stimulus in his budget proposal on Tuesday as he aims to unlock billions of dollars in investment and transform the Canadian economy to rely less on the United States,

Prime Minister Mark Carney’s budget, released Tuesday, calls for a new industrial strategy and a multibillion-dollar project to bolster Ottawa’s defense spending.

Canadian Prime Minister Mark Carney said he told Ontario's premier not to run an anti-tariff ad that prompted President Trump to end trade talks with Canada. Carney also confirmed that he apologized to the president during a dinner at the Asia-Pacific Economic Cooperation summit this week because Mr.

The Canadian government on Tuesday said its budget deficit for the 2025/26 fiscal year would almost double to C$78.3 billion from the C$42.2 billion it forecast last December. It blamed the deterioration on the damage done by U.

Canada will proceed with measures announced last year to allow some businesses to speed up how quickly they write off machinery and equipment, as well as to expense research and development costs immediately to save on corporate taxes.

Mexico international Marcelo Flores is currently working out the final details of joining a training camp for Canada's national team as an unofficial call-up for this month's friendlies, a source confirmed to ESPN.

German police said on Tuesday they had conducted an internationally co-ordinated action against alleged fraud and money laundering networks that compromised German payment service providers and racked up damages of hundreds of millions of euros.