Canada, Carney and federal budget
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For months, Canada’s European allies have been actively preparing for the end of NATO as we know it. They’re wondering if Ottawa is fully on board.
National Security Journal on MSN
Canada Knows How to Sink U.S. Navy Nuclear Aircraft Carriers
In 1981’s Ocean Venture/Magic Sword North, a Canadian Oberon-class diesel-electric submarine stunned NATO by evading layered U.S. anti-submarine defenses and scoring simulated torpedo “kills” on the Nimitz-class carrier USS Dwight D.
Canada’s entire defence system was disrupted over the summer through the unveiling of a sharp increase in defence spending, the proposal of a new defence procurement agency, and the rollout of Inflection Point,
In June, the Prime Minister announced Canada will spend as much as $150-billion annually on defence within a decade
The Manila Times on MSN
Canada PM says first budget will help reduce reliance on US
Canadian Prime Minister Mark Carney's government presents its first budget on Tuesday, a spending plan he says will provide "the answer" for an economy starting to buckle under US tariffs.Specific details of the spending plan are being kept under wraps until the finance minister unveils the budget in parliament on Tuesday.
What will rearming the Canadian military look like? We could get a clearer in Tuesday's federal budget. At least one defence expert says the Liberal government has made a lot of vague promises and there's a need for specifics on programs like the multi-billion dollar submarine replacement plan.
Public Services and Procurement Canada received 25 submissions from Canadian and foreign firms, including seven major submarine builders. In August 2025, the government narrowed the field to two: Germany’s TKMS, offering its Type 212CD submarine, and South Korea’s Hanwha Ocean, proposing the KSS-III model.
Canadian Prime Minister Mark Carney's government on Tuesday unveiled a "historic" budget aimed at overhauling an economy that is reeling from US tariffs and expected to slow in 2025 and
Canada stands at a fiscal crossroads. In early September 2025, Prime Minister Carney reported that federal spending had risen by over seven per cent annually in the past decade. This is twice the rate of economic growth. He said this trend is unsustainable.