Canada’s Mark Carney signals austerity measures as government shifts focus from Trump to economy - short news
Prime minister cautioned Canadians as Ottawa moves to curb spending to balance near-record military expenditures
Mark Carney has told Canadians to prepare for austerity measures and his finance minister warned of “tough choices” in the coming months, as the government attempts to balance near-record defence spending, cuts to government programs and a trade war with the United States.
Carney, the former central banker and economist turned politician, has been meeting senior..
source: The Guardian - 04.09.2025