World Report Thursday's top stories in 10 minutes
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Oct 23, 2025 Prime Minister Mark Carney is gearing up to present a significant budget that could reshape Canada's economy. Meanwhile, prospective NDP leaders share their visions to revitalize the party ahead of the leadership vote. The U.S. has imposed sanctions on Russia’s largest oil companies in an attempt to influence peace talks regarding Ukraine. A concerning Human Rights Watch report reveals the deteriorating state of press freedom under Taliban rule in Afghanistan. Lastly, a proposed whale sanctuary in Nova Scotia is moving closer to fruition.
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Ambitious Generational Budget Plan
- Mark Carney framed his first budget as generational, prioritizing military infrastructure, industry support, immigration, and climate plans.
- He also set a goal to double Canada's non-U.S. exports within a decade to reshape the economy.
Economic Reality Check Ahead
- Experts warned Carney told Canadians to expect a rough transition with industries changing over five to ten years.
- The budget will give the first clear picture of the government's finances in nearly a year.
NDP Leadership Forum Snapshot
- Five NDP leadership hopefuls presented differing visions in a forum light on policy but heavy on strategy and tone.
- Candidates ranged from Rob Ashton’s class-war framing to Heather McPherson’s push to build a bigger tent.