welcome
financialpost

financialpost

World

World

Carney's cabinet on the hunt for spending cuts as defence bill grows

financialpost
Summary
Nutrition label

70% Informative

Finance Minister Francois-Philippe Champagne asked ministers to identify how to cut 7.5 per cent from program spending for the 2026-27 fiscal year .

Champagne also said ministers should look for cuts of 10 per cent in the 2027-28 fiscal year and 15 per cent the year after.

The federal government’s annual program spending is projected to be more than $500 billion .

VR Score

77

Informative language

77

Neutral language

65

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived