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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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Kyiv Endures One of Russia’s Largest Air Assaults of the War

A man stands on a roof of destroyed residential buildings that were hit during Russian drone and missile strikes, amid Russia's attack on Ukraine, in Kyiv, Ukraine September 28, 2025.

Ukraine faced one of the most intense aerial bombardments since the start of the full-scale invasion, as Russia launched nearly 600 drones and dozens of missiles across the country overnight. The capital, Kyiv, was the primary target, with explosions and anti-aircraft fire echoing for more than 12 hours.

According to Ukraine’s military, air defences intercepted 568 drones and 43 missiles, but several still struck residential areas, factories, and a cardiology clinic. At least four people, including a child, were killed, and nearly 80 others injured. In Zaporizhzhia, authorities reported dozens wounded after what President Volodymyr Zelenskiy described as an “extraordinarily fierce” attack.

Neighbouring Poland briefly closed its airspace and scrambled fighter jets in response to the barrage. Russia’s defence ministry claimed the strikes targeted military infrastructure, though widespread civilian damage was reported.

Zelenskiy condemned the assault as “vile” and renewed calls for tougher international sanctions, urging allies to cut off Russia’s energy revenues that continue to fund the war. He also confirmed the deployment of an additional Patriot missile system, while stressing that Ukraine’s defences remain stretched under repeated large-scale attacks.

As dawn broke over Kyiv, residents emerged from underground shelters to find homes reduced to rubble, shattered windows, and streets littered with debris—another stark reminder of the war’s relentless toll.


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