Carney's Budget Vote: Canada's Political Future Hangs in the Balance

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Mondays

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Canadas Prime Minister Mark Carney faces a critical budget vote on Monday, with potential consequences of triggering a new election if it fails. The Liberal Party, short of a majority, needs opposition support to pass the budget, which includes significant defense and infrastructure spending. Opposition leader Elizabeth May has expressed uncertainty about her vote, while the New Democratic Party is seen as a potential ally. The budget, projecting substantial deficits, aims to diversify export markets away from the US. The Liberals and Conservatives are neck and neck in polls, with the Conservatives opposing the budget.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.