Canadians should see red over another Liberal deficit budget

The federal Liberal government’s 2025 budget is a textbook example of why successive years of deficit spending — even during relatively good economic times – eventually comes back to bite governments.

Faced with punishing new tariffs from the United States and a slowing domestic economy, Finance Minister François-Philippe Champagne and Prime Minister Mark Carney have unveiled yet another deficit budget, the tenth in a row for the governing party since 2016.

Canadians are being told the shortfall is necessary — that Ottawa must stimulate the economy, protect jobs, and support Canadians throughout this difficult time. On some level, that’s true.

Governments have a role to play when external shocks — trade barriers, global pandemics, or natural disasters — threaten to push the economy into