Carney missing his own budget target
Carney needs to put down the credit card because taxpayers can’t afford to pay more than $1 billion every week to cover interest on the debt;
By Canadian Taxpayers Federation -- Franco Terrazzano, CTF Federal Director—— Bio and Archives--September 27, 2026
Canadian News, Opinion | Comments | Back To Full Article
OTTAWA, ON: The Canadian Taxpayers Federation is calling on Prime Minister Mark Carney to cut spending following today’s Parliamentary Budget Officer report showing he’s on track to miss his own target of balancing the operating budget by 2028.
“Carney is continuing on a course of unaffordable borrowing and the PBO report raises serious questions about the prime minister’s own promise stop borrowing money to cover operational spending,” said Franco Terrazzano, CTF Federal Director. “The reality is the government is borrowing tens of billions of dollars every year and taxpayers pay interest on every borrowed dollar.”
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