Prime Minister Mark Carney and François-Philippe Champagne, Canada's finance minister, presented their first federal budget Tuesday.

Ottawa is pitching massive investments in infrastructure, housing, the military and tax changes to spur business development in a slowing economy that's grappling with trade uncertainty.

But how will the Liberals' so-called "generational" budget be felt on Prince Edward Island?

Here are three key takeaways.

Carney's 1st budget calls for billions in new spending to prop up tariff-hit economy

Infrastructure investments

Since campaigning in the Liberal leadership race earlier this year, Carney has promised to build projects with speed in Canada. His marquee policy, the Major Projects Office, is already up and running.

$51 billion is being invested into b

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