Mark Carney’s first budget is every bit as unsustainable as the budgets of Justin Trudeau. That’s if we hold Carney to the same measuring stick that he used to criticize Trudeau’s budgets.
The current Liberal PM is fond of saying that the former Liberal prime minister increased program spending far too much, and now he’s doing just that.
The 2025-26 fiscal plan outlined in Tuesday’s budget sees spending on government programs increase by 7.2% compared to last year. Given the spending drop isn’t much, Carney was asked if he had overhyped what his budget would deliver.
“That shift from 8% spending growth, which has been the case year after year, that’s the average for the last decade, we’re shifting on a go forward basis to, less than 1% operational spending,” Carney said.
Actually, over

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