Bloomberg As an opposition lawmaker in Canada’s parliament seven years ago, Justin Trudeau criticized former Prime Minister Stephen Harper for making government “totally absent from the defining issues of our time.” In his first budget as prime minister released on Tuesday, Trudeau put the federal government back at the center of the nation’s economy with almost C$120 billion ($92 billion) ...

Bloomberg The Treasury market is signaling inflation expectations are rising, and one metric shows traders anticipate cost increases will reach Federal Reserve Chair Janet Yellen’s 2 percent target. The difference between yields on one-year U.S. government securities and same-maturity Treasury Inflation Protected Securities, a gauge of trader expectations for consumer prices over the life of the debt, climbed to 2.11 ...

Bloomberg The European Union is buying more sunflower seeds from Argentina, the world’s fourth-largest producer, as a cut in export taxes and a weaker peso make imports cheaper. Shipments into the EU may be up to 10 times bigger in the 2015-16 season ending in July compared to a year earlier, said Veysel Kaya, founder of brokerage and consultancy Sunseedman ...