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Carney’s First Budget Signals a Generational Reset for Canada’s Finances

Prime Minister Mark Carney jokes with Minister of Finance and National Revenue Francois-Philippe Champagne as they greet families before participating in an announcement at a community centre in Ottawa, on Friday, Oct. 10, 2025. Prime Minister Mark Carney’s inaugural budget is being framed as a turning point in Canada’s fiscal direction, marking a sharp departure from the spending patterns of recent years . Presented alongside Finance Minister François-Philippe Champagne, the budget is not just a financial document but a statement of intent: to reshape the country’s economic priorities in the face of global uncertainty and domestic pressures. At the heart of the plan is a shift away from expansive spending toward what Carney has described as “tough choices” and “sacrifices.” The government has emphasized that Canada must “spend less to invest more” , signaling a reallocation of resources rather than an outright expansion of the deficit. This approach reflects Carney’s long-standing...
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Snowfall Siege: Ontario Grapples with Record Snow Squalls


Ontario is currently experiencing a severe snow squall event, with some areas expected to see snowfall totals exceeding 100 cm by the end of the weekend. The powerful lake-effect snow has already blanketed Bracebridge with 55 cm of snow as of Friday evening.

The multi-day event, which began on Thursday, is predicted to continue through Sunday, bringing heavy snowfall rates of 5-10 cm per hour. Environment and Climate Change Canada has issued snow squall warnings, urging residents to prepare for rapidly changing and deteriorating travel conditions.

Communities from Kincardine to Dundalk and Parry Sound to Barrie are expected to be hit hardest, with potential whiteout conditions and near-zero visibility. Sault Ste. Marie is also bracing for significant snowfall, with accumulations of 30-50 cm anticipated.

While the snowfall is a boon for Ontario's ski resorts, it poses challenges for drivers and travelers. Authorities advise caution and staying updated on road conditions.




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