François-Philippe Champagne calls for spending cuts of 7.5% to finance tax breaks and higher defense budget.

Champagne stated his intention to reduce program spending by 7.5% for the 2026–27 fiscal year, by 10% in the second year, and ...

Welcome to our live blog tracking the latest news and developments from Canada. Stay updated with real-time insights into the ...

When millions of Canadians returned a Liberal Party government — led by Mark Carney — earlier this year, they were attempting ...

The federal deficit, now estimated at a staggering $92 billion by the C.D. Howe Institute, has ballooned to levels that can ...

The letters mark the first indication of the anticipated spending review that Prime Minister Mark Carney has promised in his ...

Canada's finance minister has asked all ministries to find savings, assess spending on programs, cut down on work duplication ...

It remains to be seen when exactly the next provincial election will be held in Newfoundland and Labrador, but one thing is ...

The Department of National Defence will not be spared from Prime Minister Mark Carney's cost-cutting drive — even though ...

Prime Minister Mark Carney will be meeting with his cabinet and Canada's premiers to discuss U.S. President Donald Trump's ...

A meeting of the Cabinet Committee on Rightsizing of the Federal Government was held today at the Finance Division under the ...