Carney pledges tax cuts, defense spending in Canada election platform

20/4/2025 6:21

Canadian Prime Minister Mark Carney's campaign platform plans released on Saturday include tax cuts and new spending on infrastructure and defense, as he pledges a new economic order that is less reliant on the United States.



Carney has campaigned on his experience managing crises while running the central bank of Canada during the 2008 financial crisis and that of Britain during Brexit. He often says he is the best person to stand up to U.S. President Donald Trump, who has imposed tariffs on Canada and threatened to annex

the country.



"We're in an enormous crisis, so we have to be able to do two things. One, hold down on that wasteful spending, which we will do, but much more than that, we need to be bold and drive investment in the economy and take the amazing opportunities we have," Carney said at a press conference.