analysis

Finance Minister François-Philippe Champagne, left, and Prime Minister Mark Carney meet before delivering the federal budget on Parliament Hill on Tuesday.

Prime Minister Mark Carney used his first budget to make a pitch for more private investment in the country, but stopped short of the kind of game-changing tax and regulatory changes many businesses and investors had been hoping to see as the Canadian economy reels from U.S. protectionism.

The budget followed through on Mr. Carney’s pledge to trim government operational spending so it could put more money toward capital projects – both infrastructure and other measures aimed at encouraging private-sector investment . And it hinted at possible regulatory changes that would be well-received on Bay Street and in many boar

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