Canada to Keep Trudeau-Era Tax Measures as Budget Looms

The Canadian government, under Prime Minister Mark Carney, is keeping some of the tax plans that were started by the previous leader, Trudeau.

They're tweaking small business taxes, and adjusting how some investments are taxed.

They are also looking at how non-profits report their finances.

The government is delaying the official budget until October.

This budget will prioritize spending on things like defense and housing, with a shift towards investments.

Experts believe the country will have a large budget deficit this year, meaning they'll spend more money than they bring in.