Carney’s $78B deficit pushes debt to record highs

This week on Off the Record, Prime Minister Mark Carney unveiled a federal budget loaded with record spending and a $78-billion deficit.

This week on Off the Record, Prime Minister Mark Carney unveiled a federal budget loaded with record spending and a $78-billion deficit.

The Liberals’ industrial carbon tax is quietly expanded in the budget, set to climb to $170 a tonne by 2030, and continuing to rise by undisclosed amounts until 2050.