Canada unveils ambitious new budget to respond to US tariff shock
Update: 2025-11-05
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Canada's Liberal government unveiled new federal budget plans in the House of Commons in Ottawa on Tuesday, which include a massive spending spree of 280 billion Canadian dollars (€173 billion). The spending is seen as a way to strengthen the Canadian economy after the imposition of steep tariffs by the United States, Canada's most important trading partner. Also in this edition: iconic French glassware cooperative Duralex raises €19 million in a day, just over a year after employees bought back the firm.
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