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Canada to Launch $36 Billion Infrastructure Fund in Upcoming Budget

Canada's Prime Minister Mark Carney speaks during a press conference, on the sidelines of the 47th ASEAN Summit in Kuala Lumpur, Malaysia, October 27, 2025.   Canada’s federal government is preparing to unveil a sweeping $36 billion infrastructure fund as part of its upcoming budget. The initiative will target housing, transportation, and healthcare projects , aiming to stimulate economic growth while addressing pressing national needs. The fund represents one of the most significant infrastructure commitments in recent years. By channeling billions into local projects, Ottawa hopes to ease housing shortages, modernize public transit, and expand healthcare facilities . These investments are also expected to create jobs and provide long-term economic benefits, particularly in rapidly growing urban centers. In addition to infrastructure spending, the budget is anticipated to include measures to phase out older military fleets in order to reduce maintenance costs, while simultane...
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Dow Tumbles Amidst Rising Yields and Global Unrest

 

The Dow Jones Industrial Average faced a significant downturn as geopolitical tensions and a sharp increase in Treasury yields rattled investors. The spike in yields came on the heels of unexpectedly robust retail sales data, which suggested that the Federal Reserve might delay anticipated interest rate cuts. This development has cast a shadow over the recent strong earnings reported by major banks like Goldman Sachs.

The market’s reaction was swift, with the Dow falling 248 points, or 0.7%, while the S&P 500 and NASDAQ Composite also saw declines of 1.2% and 1.8%, respectively. The rise in Treasury yields, particularly the 10-Year Treasury jumping 11 basis points to 4.61%, indicates a shift in investor sentiment towards caution amidst economic growth and potential policy shifts.

As the global financial community monitors the unfolding events, the impact of these tensions and economic indicators will continue to play a critical role in shaping market dynamics in the days ahead.

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