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Snapshot 6:Wed, Nov 5, 2025 3:03:08 PM GMT last edited by Nick

Carney Unveils CA$280B Budget, Doubles Canada's Deficit

Carney Unveils CCA$280B Budget, Doubles Canada's Deficit

Carney Unveils CA$280B Budget, Doubles Canada's Deficit
Above: Mark Carney (R) and Francois-Philippe Champagne, Canada's finance minister, in Ottawa on Nov. 4, 2025. Image copyright: David Kawai/Bloomberg/Getty Images

The Spin

Carney's budget is a massive betrayal that doubles the deficit through unchecked spending on military and vague trade schemes while giving corporations a free ride and imposing brutal austerity on working families. This isn't fiscal responsibility — it's reckless spending that benefits Bay Street billionaires while slashing vital public services and jobs that Canadians depend on.

This budget delivers bold generational investments in infrastructure, defense and competitiveness while responsibly cutting bloated bureaucracy to strengthen Canada's economy. The strategic spending on nation-building projects and business incentives will create jobs and prosperity for decades to come. This generational blueprint promises resilient growth and global competitiveness.

ThereCarney's budget is a 9%massive chancebetrayal that doubles the deficit through unchecked spending on military and vague trade schemes while giving corporations a CANZUKfree Freeride Movementand Treatyimposing willbrutal beausterity adoptedon beforeworking 2029,families. accordingThis toisn't thefiscal Metaculusresponsibility prediction communityit's reckless spending that benefits Bay Street billionaires while slashing vital public services and jobs that Canadians depend on.

This budget delivers bold generational investments in infrastructure, defense and competitiveness while responsibly cutting bloated bureaucracy to strengthen Canada's economy. The strategic spending on nation-building projects and business incentives will create jobs and prosperity for decades to come. This generational blueprint promises resilient growth and global competitiveness.

Metaculus Prediction

There's a 9% chance that a CANZUK Free Movement Treaty will be adopted before 2029, according to the Metaculus prediction community.



The Controversies




© 2025 Improve the News Foundation. All rights reserved.Version 6.17.0

© 2025 Improve the News Foundation.

All rights reserved.

Version 6.17.0