#GLOBALNEWS Global National: Nov. 4, 2025 | What’s in Carney’s 2025 federal budget?

Global National: Nov. 4, 2025 | What’s in Carney’s 2025 federal budget?
Prime Minister Mark Carney’s first federal budget has set out how it intends to chart Canada’s economic future for the rest of 2025 and beyond. David Akin explains how much is being earmarked for housing, infrastructure, defence, and tax breaks; the civil service job reductions; what is staying the status quo – and if there are any signs an opposition party isn’t willing to support the budget.

Plus, Dawna Friesen speaks with Finance and Revenue Minister François-Philippe Champagne about what’s in the budget to bring financial relief for Canadians, whether the Liberals’ spending plans are a gamble and why the Eurovision contest is included in the budget.

Voters are heading to the polls to elect the next mayor of New York City, where democratic socialist candidate Zohran Mamdani has emerged as a surprise frontrunner. Jackson Proskow explains what’s fuelled Mamdani’s rise and what U.S. President Donald Trump is threatening if Mamdani wins.

Dick Cheney, one of the most powerful and polarizing vice-presidents in American history, has died at age 84. Eric Sorensen looks back on Cheney’s towering influence as a hardline conservative, his role as a key architect of the “war on terror” and how he became a fierce critic of President Donald Trump.

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