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Carney Unveils CA$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 credit: David Kawai/Bloomberg/Getty Images

    The Spin

    Government-critical narrative

    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.

    Pro-government narrative

    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



    The Controversies



    Establishment split

    CRITICAL

    PRO



    © 2025 Improve the News Foundation. All rights reserved.Version 6.18.0

    © 2025 Improve the News Foundation.

    All rights reserved.

    Version 6.18.0