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Mark Carney’s $78B Budget: The Biggest Gamble in Canada’s History?
Canada’s 2025 federal budget just dropped — and it’s one of the biggest deficits in our history: $78 billion.
Billions for infrastructure, defence, and new programs. Massive cuts to bureaucracy and immigration.
Is this an investment in the future — or a gamble that will cost Canadians for decades?
Highlights:
– $141 billion in new spending over 5 years
– $81 billion for the Canadian Forces
– $50 billion for infrastructure projects
– Immigration and public service cuts
– Interest payments now $55 billion per year
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SOURCES:
https://www.msn.com/en-us/money/markets/carneys-first-budget-doubles-canadas-deficit-in-attempt-to-counter-us-trade-rift/ar-AA1POlvj
https://www.cbc.ca/news/politics/carney-first-federal-budget-9.6965161
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