The Aporia
The Aporia
MacKay, G. (2026, November 9). Graeme MacKay on Mark Carney's budget providing long-term investment and household relief. Toronto Star. https://www.thestar.com/opinion/editorial-cartoons/graeme-mackay-on-carney-s-budget-providing-long-term-investment-and-household-relief/article_07053f60-94ff-497d-b6cc-e6dfa754d712.html
MacKay, Graeme. “Graeme MacKay on Mark Carney's budget providing long-term investment and household relief.” Toronto Star, 9 Nov. 2026, https://www.thestar.com/opinion/editorial-cartoons/graeme-mackay-on-carney-s-budget-providing-long-term-investment-and-household-relief/article_07053f60-94ff-497d-b6cc-e6dfa754d712.html.
MacKay, Graeme. “Graeme MacKay on Mark Carney's budget providing long-term investment and household relief.” Toronto Star, November 9, 2026. https://www.thestar.com/opinion/editorial-cartoons/graeme-mackay-on-carney-s-budget-providing-long-term-investment-and-household-relief/article_07053f60-94ff-497d-b6cc-e6dfa754d712.html.
Dated from the outlet's own feed. Check the original for its byline.
On November 5, 2026, Prime Minister Mark Carney's Liberal government unveiled a federal budget aimed at reducing reliance on the United States and boosting domestic economic growth. Finance Minister Francois-Philippe Champagne emphasized the need to change Canada’s growth model by investing in domestic commerce and diversifying trade. The budget includes significant spending increases of $158 billion over five years, with 96 cents of every additional dollar allocated to new measures. Despite promises to spend less and invest more, program spending is set to rise by 8.9% this fiscal year, jumping from $498.5 billion in 2025-26 to $542.7 billion in 2026-27. The budget also allocates an additional $11.2 billion to defence spending over five years but does not price Canada's commitment to reach the NATO target of 2% GDP by 2035.
