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G7 Foreign Ministers Meet in Niagara to Hear Ukraine’s Plea Amid Escalating War

Top diplomats from the Group of Seven (G7) nations gathered in Niagara-on-the-Lake, Ontario , for high-stakes talks with Ukraine’s Foreign Minister as Russia intensifies its assault on Ukraine’s power grid. The meeting, hosted by Canada’s Foreign Affairs Minister Anita Anand , comes at a critical moment as rolling blackouts sweep across Ukraine ahead of winter. Foreign ministers from Canada, the United States, the United Kingdom, France, Germany, Italy, Japan, and the European Union posed for a family photo before beginning discussions. Ukraine’s foreign minister is expected to brief the group on the humanitarian and security consequences of Russia’s latest attacks, which have left millions vulnerable to freezing temperatures. The summit is not limited to Ukraine. Ministers are also addressing broader geopolitical challenges, including instability in the Middle East and shifting trade relationships. Still, Ukraine remains the centerpiece of the agenda, with G7 leaders reaffirming ...
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Budget 2025: Liberals Unveil Bold Spending Plan Amid Record Deficit

                The federal budget is seen available for distribution on tables in Ottawa, Tuesday, Nov. 4, 2025.

The Liberal government’s 2025 federal budget lays out an ambitious roadmap that combines heavy new spending with significant cost-cutting measures, all while grappling with a ballooning deficit. Finance Minister François-Philippe Champagne presented the plan in Ottawa, calling it a blueprint for long-term growth and resilience in uncertain economic times.

Key Numbers at a Glance

  • $20.1 billion: Net new government spending for the 2025–26 fiscal year
  • $89.7 billion: Total new spending commitments over five years
  • $51.2 billion: Projected savings through spending reviews and cuts
  • $78.3 billion: This year’s deficit, more than double last year’s estimate
  • Up to 40,000: Public service positions slated for elimination over three years
  • 155,000: Student visas to be issued in 2026, down from 306,000 previously
  • 42.4%: Federal debt-to-GDP ratio

What It Means

The budget signals a shift toward investment-led growth, with billions earmarked for infrastructure, innovation, and productivity measures. At the same time, the government is tightening its belt by reducing the size of the public service and scaling back immigration targets. Economists note that while the plan could stimulate private-sector investment, the steep deficit and slower labour force growth may pose challenges.

The Bottom Line

Budget 2025 is both ambitious and controversial: it promises transformative investments but comes with a record-setting deficit and tough trade-offs. The coming months will test whether the Liberals can balance bold economic vision with fiscal discipline.


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