Federal Finance Minister Chrystia Freeland previewed Canada's 2026 budget in Toronto, emphasizing the country's strong fiscal flexibility among G7 nations. The minister argued that Canada's financial resilience allows for strategic spending and economic stability. Opposition leader Pierre Poilievre criticized the budget, stating it must include both spending cuts and tax reductions. The budget announcement, scheduled for Thursday, aims to balance economic growth with fiscal responsibility. Freeland defended the government's approach, citing long-term economic planning and investment in key sectors. Poilievre's party has called for immediate fiscal restraint, highlighting concerns over public debt. The debate reflects ongoing tensions between government spending priorities and fiscal conservatism. The budget will outline measures to support economic recovery and address national priorities. Details remain under review as officials prepare for the official release.