Ottawa’s budget bets that spending more will deliver future economic gains.
asserted
spending → spend → gains
What you need know from the federal budget
asserted
need → need → budget
To summarize the budget in one line: Ottawa is betting that increased borrowing will reap future rewards.
asserted
borrowing → summarize → rewards
The 2026 budget revealed a major revenue windfall driven largely by oil – much of which the government plans to spend.
asserted
government → reveal → which
It is using a federal balance sheet bolstered by stronger-than-expected revenues to pursue a long-term investment agenda.
asserted
It → use → agenda
- For your spending: These are six ways Ottawa’s plan could affect your wallet.
uncertain
plan → affect → wallet
- For culture: The document allocates $4-billion in cash to arts and culture spending, including a 160th birthday bash for Canada.
asserted
document → allocate → Canada
- For business: Ottawa sidestepped the comprehensive tax overhaul for which Bay Street has long advocated but addressed gaps that have frustrated entrepreneurs.
asserted
that → sidestep → entrepreneurs
- For finance: Carney’s government plans to merge federal financing agencies and set up a stand-alone sovereign wealth fund.
asserted
government → plan → fund
- Andrew Coyne says he is giving up, calling the document “utterly incoherent, wandering, purposeless and, frankly, impossible to understand.”
asserted
he → say → document
How the midterms are already affecting Canada
What does the U.S. political shift mean for Canada?
asserted
shift → affect → Canada
Doug Saunders, The Globe’s international affairs columnist, joins the Decibel podcast to answer your questions.
asserted
Saunders → join → questions
A Democratic victory might signal a positive shift for the Canadian auto industry as experts are predicting a push against tariffs and possible support of EVs.
uncertain
experts → signal → EVs
Wall Street ended sharply lower yesterday, with the three major U.S. indexes notching their deepest one-day drop in 19 months, as AI sentiment worsens after the Democrats’ sweep.
asserted
sentiment → end → sweep
What Abdul El-Sayed’s win says about the politics of hate.
asserted
win → say → hate
Bomb threats and cyberattacks disrupt Europe’s airports
Yesterday some 25 flights to cities in more than a dozen countries including Britain, Italy, Poland, Spain and Ireland were disrupted by bomb threats.
asserted
flights → disrupt → threats
No explosives have been found, and authorities are not sure who is behind the hoaxes.
asserted
who → find → hoaxes
A recent trend: From fridges to blood banks, airports and airlines, Europe has been overrun with cyberattacks and bomb threats that have caused havoc and raised concerns about what might be hit next.
uncertain
what → overrun → concerns
Since 2023, the number of foreign tourists travelling to Korea for cosmetic treatments has nearly doubled year over year.
asserted
number → travel → year
The country’s aesthetics industry has an established history, and services are often only a fraction of what they might cost in North America.
uncertain
they → have → America
Buyer beware:
asserted
Buyer → beware → ?
The South Korean government has invested heavily in promoting aesthetic tourism, including easing visa requirements for foreign patients.
asserted
government → invest → patients
Still, there are potential risks that social media might not warn travellers about.
uncertain
media → be → travellers
The Take
Canadians’ memories of wars now extend to almost every place on the globe.
asserted
memories → extend → globe
How better to speak to all Canadians than by saying that when they visit the Peace Tower, names from their families might also be seen?
uncertain
names → speak → families
— R.H. Thomson, producer of The World Remembers–Le Monde se Souvient
We should make Ottawa’s Peace Tower a true tribute to peace, writes R.H. Thomson, who is the author of By The Ghost Light: Wars, Memory, and Families.
asserted
who → make → Wars
For nearly a century, Saskatchewan’s storied dance hall has served as much more than a well-fortified landmark.
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hall → serve → landmark
It has brought generations together.
asserted
It → bring → generations
The Wrap
What else we’re following
At home:
asserted
we → follow → home
Ottawa is reviewing the death of a 31-year-old woman from a remote Indigenous community after a government health program failed to book follow-up appointments after her open-heart surgery.
asserted
program → review → surgery
Abroad: Hong Kong activist Joshua Wong was sentenced to an additional 10 years in prison on new national-security charges.
asserted
Wong → sentence → charges
A Mexican judge has been arrested on allegations that he accepted a $2-million bribe for granting bail to a man associated with Ryan Wedding.
asserted
he → arrest → Wedding
Canada’s ambassador to the European Union is playing down the rise of far-right groups amid Canada’s push for closer ties with the 27-member bloc.
asserted
ambassador → play → bloc
Lacking cellphone coverage along B.C.’s Highway 39 complicated the emergency response to a bus crash that injured 20 on Wednesday.
asserted
that → lack → Wednesday
Are you the inheritor of your parents’ belongings, or struggling to leave your things behind?
asserted
you → struggle → things
The Aporia
