PBO Warns : Canada is fiscally DRIFTING

Canada’s own Parliamentary Budget Officer told MPs that the country is anchor-less.

It means Canada is fiscally drifting — spending without a real plan to balance or control, even as we head toward a potential $100B deficit.

This isn’t partisan because PBO is an independent officer of Parliament, appointed under Mark Carney, whose mandate is to track Ottawa’s books.

And his warning is clear: no anchor, no discipline.

SOURCES:

https://www.cbc.ca/news/politics/pbo-oggo-briefing-1.7635457

https://www.bnnbloomberg.ca/business/politics/2025/08/12/federal-liberals-looking-to-provide-certainty-to-investors-in-fall-budget/