What to expect from Mark Carney’s budget
Kris Sims and MoneyTalks host Michael Campbell preview what to expect from the first Carney budget — and whether it will finally rein in runaway spending.
Prime Minister Mark Carney’s first budget lands tomorrow — months later than usual and amid mounting anxiety over debt, deficits, and the cost of living.
Carney has promised “sacrifices” and difficult choices as his government looks to “transform the economy.” But with nearly half of Canadians living $200 away from insolvency, critics say Ottawa should be cutting waste — not asking working families to give up more.
Former prime minister Justin Trudeau doubled the national debt in just ten years. The question now: will the Oxford-trained economist do any better? The Carney government is expected to post a deficit between $70 and $100 billion, pushing Canada’s debt well past $1.2 trillion.
Opposition leader Pierre Poilievre says he’ll fight for “an affordable budget that gives Canadians an affordable life,” warning that “Canadians can’t afford any more Liberal sacrifices.”
On today’s episode, Kris Sims speaks with MoneyTalks host Michael Campbell to break down what’s at stake — from the government’s plan to re-label spending as “capital investments” to the real-world impact on credit markets and future borrowing costs.
Sacrifices have to be made, perfect lets sacrifice the 100000 unnecessary bureaucrats the turd hired, the billions given to first nations, the endless money given to illegal immigrants, the billions that keeps going to Ukraine, thr hundreds of millions given here there and everywhere for alphabet, no pronouns, rainbow, trans fucking shit, abolish the GG and roll back the perks for the existing gg grifters.. .oh and let's roll back MP pay rises since covid crap started, cut their lucrative second dwelling, food and travel expenses, golden pensions etc.
There's a good start for "sactifices". There are many many more extremely, unnecessary wasteful government projects/items corrupt money pits that can also be "sacrificed" but this government will rather axe health care and OAS for the little people than cut back on their communist wef agenda.
The same people, and their children, who continue to be hurt by this Liberal party government, are the same ones responsible for voting them back in after ten years of hurting them, and they will do so again in the next election. Ignorance can be fixed if the will is there but seems a lot of Canadians no longer have the will.