Budget 2025 continues to balloon spending and debt

Carney’s hidden carbon tax will make it harder for Canadian businesses to compete and will push Canadian entrepreneurs to set up shop south of the border


By Franco Terrazzano, CTF Federal Director—— Bio and Archives--November 4, 2025

Canadian News, Opinion | Comments | Back To Full Article


OTTAWA, ON: The Canadian Taxpayers Federation is criticizing Prime Minister Mark Carney for ballooning spending and debt in Budget 2025.

“Budget 2025 shows the debt continues to spiral out of control because spending continues to spiral out of control,” said Franco Terrazzano, CTF Federal Director. “Carney needs to reverse course to get debt and spending under control because every dollar Canadians pay in federal sales tax is already going to pay interest charges on the debt.

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