Carney plans to outspend Trudeau by nearly $70 billion: study

Carney plans to outspend Trudeau by nearly $70 billion: study

Author: Quinn PatrickPrime Minister Mark Carney’s government is set to dramatically ramp up spending, planning to outspend the former Trudeau-Liberals by nearly $70 billion while doubling projected deficits, according to a new analysis from the Fraser Institute.The non-partisan public policy think-tank compared the fiscal plans presented in the 2024 fall economic statement (the Trudeau government’s last fiscal release) and in Budget 2025. It cal…

Carney Plans To Spend More, Run Larger Deficits Than Trudeau

Prime Minister Mark Carney’s 2025 budget, his first in office, forecasts total federal program spending over the next four years will be $67.6 billion higher than what was planned by former Prime Minister Justin Trudeau, and his expected deficits are double the Trudeau government’s projections, finds a new study published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “During the 2025 election, the…