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Tehran Signals Defiance as Supreme Leader Vows Retaliation and Strait Closure

  A man holds a picture of Iran's new supreme leader, Mojtaba Khamenei, while people attend a funeral ceremony for the Iranian military commanders who were killed in strikes, in Tehran Iran’s Supreme Leader issued his first public remarks following the deaths of senior Iranian commanders, vowing that the country will “avenge the martyrs” and maintain the closure of the strategic Strait of Hormuz until what he described as “justice” is served. His comments, delivered during a nationally broadcast address, underscore a sharp escalation in rhetoric at a moment of heightened regional tension. The Supreme Leader framed the recent losses as sacrifices in the defense of Iran’s sovereignty, promising that those responsible “will face consequences.” He also reaffirmed Iran’s decision to keep the Strait closed, a move that has already disrupted global shipping routes and rattled energy markets. The strait, one of the world’s most critical chokepoints for oil transport, has long been a flas...
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Carney Government Sets Nov. 4 Date for First Federal Budget

 

Minister of Finance and National Revenue Francois Philippe Champagne speaks to the media, at the Liberal cabinet retreat, in Toronto, on Thursday, Sept. 4, 2025. 


The Liberal government will present its first federal budget under Prime Minister Mark Carney on November 4, Finance Minister François‑Philippe Champagne announced during question period in the House of Commons.

The fall budget marks a departure from the traditional spring release, delayed in part due to the April federal election. Champagne described the upcoming plan as a “generational investment” aimed at building the economy, protecting communities, and empowering Canadians.

Prime Minister Carney has signalled that the budget will balance cost‑cutting measures with targeted investments, as Ottawa seeks to safeguard Canada’s economy from potential U.S. trade disruptions. The government has already committed billions in new spending on defence and infrastructure since taking office.

With the Liberals holding a minority, the budget will require support from at least one other party to pass in the fall session of Parliament.


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