Where is the money to replace Canada’s aging submarines? It wasn’t in the 2025 federal budget

Prime Minister Mark Carney has now climbed into two submarines on two continents – one on a production line in Germany, the other in the water in South Korea – yet the 2025 federal budget, which allocated more than $80 billion toward defence, made no mention of funding towards the much-needed vessels.

The Royal Canadian Navy is in the market to buy 12 conventional diesel-electric powered submarines and the federal government has narrowed the competition to two companies: ThyssenKrupp Marine Systems (TKMS) and Hanwha Ocean.

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Carney can count on Canadians’ patience for only so long

“Patience is a virtue.” In today’s world, however, particularly in politics, this adage is being put to the test. With the many challenges society currently faces, populations can quickly turn on those they elect if they don’t see things changing rapidly enough.

It’s been over six months since Mark Carney was elected prime minister with hopes soaring sky high that someone of his economic experience and heft would get Canada back on track.

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DOBBIE: The “transformative” budget

One thing the Carney Liberals are masters of is spin. They have been proclaiming the wonders of their very late budget for weeks and have managed to turn water into wine for many Canadians — not the least of which was a Tory backbencher who defected to the other side on budget day.

Apparently, they had been working on this fellow for years, trying to convince him to become a Liberal, and it finally took when he became disgruntled over not being made a deputy speaker — or something like that. They also brought in the heavy artillery, and Carney himself persuaded him. Whatever the details, he walked.

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Mark Carney’s budget is blind to the real causes of Canada’s problems

On November 4, François-Philippe Champagne described the 2025 federal budget as “generational.” In doing so, the finance minister offered a rare example of plausible political hype, without the usual hyperbole.

The challenges facing Canada are profound, and Prime Minister Mark Carney’s government has responded with a massive surge in military spending and a suite of significant investments in housing, infrastructure and AI — investments only partially offset by widespread cuts to other areas.

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Mark Carney’s budget is presented like an answer, but lands like a question

Mark Carney’s first budget has landed in a House of Commons deeply divided. Now, one of the first wave of post-budget polls shows that Canadians are similarly torn about the fiscal blueprint put before the country this week.

Abacus Data went out in the field the day after the budget was unveiled and came back with what it is calling “a muddled first impression.”

While awareness of the budget is reasonably high, it is eliciting two starkly different political reactions. Just over half of those aware of the budget, 52 per cent, said it was a step in the right direction, but 48 per cent said it set Canada in the wrong direction.

Just no pleasing the Star.

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Mark Carney’s budget exposes Canada’s deeper malaise

Suspense is high in Ottawa as Canadian Prime Minister Mark Carney steers his first budget through to passage. A masterpiece of centrist triangulation, it promises steep cuts — or “sacrifices” — in spending and government personnel, while simultaneously committing to “generational investments”. It outlines C$141 billion in total spending over five years, offset by $51.2 billion in savings, resulting in a $78 billion deficit.

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Conrad Black: Carney squanders all his goodwill on bloated budget

No Canadian federal budget in my conscient lifetime, going back to finance minister Walter Harris in the St. Laurent government, has been as noisily hyped or widely anticipated as the Carney-Champagne budget of this past Tuesday, and none has been such a stultifying anti-climax. What was promised was a cornucopia of “generational investments” that would ”define our next century” by making a series of “difficult choices (and) sacrifices.” The same prime minister who is in a photo finish with his British analogue Keir Starmer for who can be more obsequious to President Donald Trump, but who promised to keep his ”elbows up,” promised also to “swing for the fences” in the budget with intermittent hints of ”austerity.”

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EYRE: What would Queen Elizabeth I think of Canada’s crazy spending?

Give the highest priority to finance. That was Queen Elizabeth I’s top rule of her famous “nine principles of power.”

Aside from “never marry” — she was the “Virgin Queen” after all — QEI’s rules are as relevant today as they were 500 years ago. Pick wise counsellors. Avoid war. Beware new-fangled innovation for the sake of it. Improve the usefulness of existing institutions.

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Toronto’s unemployment rate rises to 8.9%

Toronto’s unemployment rate climbed to 8.9% as of September 2025, marking nearly a 3.5-percentage-point increase from its post-pandemic low and leaving Canada’s largest city with the fourth-highest jobless rate among the country’s 41 major urban areas, according to a report released Wednesday by TD Economics.

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Terry Glavin: China couldn’t be more pleased to have Carney as prime minister

To discern how Prime Minister Mark Carney’s government sees Canada’s place in a radically changed world, the federal budget tabled this week won’t help you as much as you might think. There’s a lot there — the budget’s $78.3-billion deficit is the third highest in Canadian history — but what’s not there may give you a better idea. How Canada is seen in the big, weird outside world — that too has utterly changed.

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FARROW: Ottawa’s anti-church tax plan would punish the poor

When Parliament’s finance committee slipped Recommendation #430 into its 2025 pre-budget report, few noticed. Yet the clause proposing to delete “advancement of religion” from Canada’s definition of charity could transform the country’s social landscape. If adopted, every church, synagogue, mosque, and temple would be taxed like a business and lose its authority to issue receipts to donors.

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Jamie Sarkonak: Immigration levels plan doesn’t solve Canada’s overcapacity problem

The immigration levels plan Prime Minister Mark Carney released Tuesday addresses Canada’s population overload in the same way that partially mending a plumbing leak helps drain a flooded basement. It doesn’t.

Carney intends to give 380,000 people permanent resident status per year from 2026 to 2028 through regular streams; over the next two years, another 148,000 refugees and work permit holders will be granted PR as well — which means not everyone is going home, despite their temporary status. The government will also bring in 385,000 temporary residents (workers and study permit holders) in 2026 and 370,000 in each of the two years after. Altogether, that’s over 800,000 per year.

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Poilievre is right about Trudeau – but the press won’t have it

For the past couple of weeks, since Pierre Poilievre appeared on YouTube’s Northern Perspective, members of the dominant media in Canada have sounded like scorched rats howling in protest about his unfair comments regarding former prime minister Justin Trudeau. The problem with their frustrations seems to be more about what he said than about the facts. Poilievre simply recited some basic knowledge that everyone is familiar with. His conclusions irritate members of the Laurentian media because they bear responsibility for helping the RCMP keep this matter underreported.

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Number of non-Canadian federal inmates continues to rise

OTTAWA — While the numbers of Canadian citizens held in federal prisons continue a downward trend, populations of non-Canadians behind bars continues to rise.

But information on where these inmates are from is largely missing from the data provided by Public Safety Canada – with the national origin of nearly 35% of Canada’s non-citizen prison population listed as “unknown.”

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This Trudeau minister kickstarted Canada’s immigration cuts. Here’s what he thinks about Carney’s new plan

Miller literally did that his 1st week on the job.

Whether people agree or disagree with Ottawa’s new immigration targets, the plan will help Canada regain control of the system, says the man who launched the mission to bring it back on track.

“It denotes stability, whether you like or not the important reforms that I put through in the last two years,” said Liberal MP and former immigration minister Marc Miller. Miller was tapped in 2023 by then prime minister Justin Trudeau to rein in rapid immigration growth amid a public outcry.

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