Story perspectives

Carney's Liberals Tackle Economy with Budget Cuts and Housing Boost

9/10/2025

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Summary

Story summary

Prime Minister Mark Carney's Liberal caucus is convening in Edmonton to prepare for the fall parliamentary session.
He plans to present a budget in October that prioritizes reduced spending and increased investment.
Carney has instructed ministers to identify substantial savings and eliminate regulations.
A housing announcement is forthcoming, aiming to double home construction via a new Crown corporation.
The Liberal government is addressing economic challenges, with unemployment at 7.1% and 66,000 job losses reported.

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Story summary

Prime Minister Mark Carney's Liberal caucus is convening in Edmonton to prepare for the fall parliamentary session.
He plans to present a budget in October that prioritizes reduced spending and increased investment.
Carney has instructed ministers to identify substantial savings and eliminate regulations.
A housing announcement is forthcoming, aiming to double home construction via a new Crown corporation.
The Liberal government is addressing economic challenges, with unemployment at 7.1% and 66,000 job losses reported.