Canada Breaking News

Budget 2022: Flush from booming economy, Feds eye growth with $56B in new spending

OTTAWA — The federal Liberals have delivered a budget that looks to take advantage of a boom in economic growth that has padded federal books, and turn that extra spending space toward removing hurdles to long-term gains.

Apr 7, 2022 4:45 PM Read more >

Budget 2022: Quotes from the finance minister and others on the Liberal fiscal plan

OTTAWA — Finance Minister Chrystia Freeland has tabled the 2022 budget in the House of Commons. Here are key quotes about the fiscal plan.

Apr 7, 2022 4:40 PM Read more >

Budget 2022 makes good on dental care, but little in new health spending

OTTAWA — The Liberals have made good on promises to the NDP when it comes to health spending in their newly released budget, but offered little else in new spending to reinvigorate Canada’s struggling health system.

Apr 7, 2022 4:21 PM Read more >

Budget 2022: Housing supply gets $10B boost; Feds add measures to curb speculation

TORONTO — The Liberal government will try to ease Canada's housing crisis with more than $10 billion in funding meant to speed up home construction and repairs along with measures to cool the market and help those trying to buy their first home.

Apr 7, 2022 3:54 PM Read more >

Budget 2022: $500M in military aid to Ukraine, projects economic upheaval from war

OTTAWA — Finance Minister Chrystia Freeland referenced horrific allegations of Russian war crimes on Thursday as the federal Liberal government promised another $500 million in military aid as well as other financial assistance to Ukraine.

Apr 7, 2022 3:34 PM Read more >

Budget 2022: A look at the highlights of the federal Liberal fiscal plan

OTTAWA — Finance Minister Chrystia Freeland tabled the 2022 federal budget on Thursday. Here are some of the highlights: — $452.3 billion in new spending on projected revenue of $408.4 billion for a deficit of $52.8 billion.

Apr 7, 2022 3:33 PM Read more >

Budget 2022: Canada won't meet NATO target with more than $8B in new military funding

OTTAWA — The federal Liberal government responded Thursday to months of pressure from the NATO military alliance and others by promising more than $8 billion in new military spending over the next five years.

Apr 7, 2022 3:31 PM Read more >

Budget 2022: Liberals rejig $15B toward new business investment fund

OTTAWA — The Trudeau Liberals are promising to create two new arm’s-length bodies to handle billions in federal funds to prod businesses to invest in themselves.

Apr 7, 2022 3:24 PM Read more >

RCMP collects evidence of possible war crimes in Ukraine from people fleeing invasion

OTTAWA — The RCMP is collecting evidence of alleged war crimes in Ukraine from people fleeing to Canada following Russia's invasion of their country.

Apr 7, 2022 3:07 PM Read more >

'May not align:' Guilbeault pens letter to Suncor over oilsands mine expansion GHGs

Federal Environment Minister Steven Guilbeault has warned Canada's biggest oilsands producer that its planned mine expansion may not meet climate targets. In a letter released Wednesday to Mark Little, the head of Suncor Energy Inc.