Tuesday's federal budget will include a five-week, use-it-or-lose-it incentive for new dads to take parental leave.

The finance minister offered a politically correct, but slightly unusual response, first focusing on the U.S. president's hair.

For the second year in a row, federal Finance Minister Bill Morneau will wear a pair of shoes from Edmonton company  Poppy Barley when he tables the federal government's budget next week.

The government has been dropping hints about a new, dedicated parental leave for fathers and other non-birthing parents.

Finance Minister Bill Morneau will introduce the federal government's latest budget on Feb. 27 as the country faces persistent uncertainty around trade and competitiveness.

Tuesday afternoon, the Liberals announced some good financial news; they will receive an extra $46.6 billion in revenue over the next five years.

The new policy would only extend to federally regulated employees -- but that could be just the start

The federal government has not committed any money for important transportation projects in Montreal.

The federal government has eliminated a decade-old tax deduction from the budget, meaning commuters will have to fork over more money next tax season.

The finance ministers for both Nova Scotia and New Brunswick say Wednesday's federal budget is in line with provincial priorities.