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Carney DOUBLES Trudeau’s projected budget deficit

Carney's fiscal update shows a $65B deficit as federal debt nears $1.4 trillion, with critics warning of higher costs, more borrowing and expanded police powers over Canadians’ mail

Straight Up with Marc Patrone
Apr 30, 2026
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The Carney government has tabled an economic update projecting a $65 billion deficit—roughly double the previous forecast under Justin Trudeau.

With total federal debt climbing toward $1.4 trillion, Canadians are being hit with more spending, more borrowing and more pressure on household costs, from groceries to housing.

The up…

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