CARNEY’S FIRST BUDGET IS SMALL, MEDIOCRE
This government still appears to believe the answer to Canada’s serious economic problems lies in more public spending
By News on the Net Coalition of Concerned Manufacturers and Businesses—— Bio and Archives--November 4, 2025
Canadian News, Opinion | Comments | Back To Full Article
Toronto, November 4, 2025: For a budget that was advertised as “big, bold” and set to “supercharge” the Canadian economy, the budget delivered today by Finance Minister Francois-Phillippe Champagne held few surprises and was mediocre at best. Catherine Swift, President of the Coalition of Concerned Manufacturers and Businesses said “Reading this budget, you could almost hear the authors thinking ‘How little can we do and still get away with this’. There were the expected cuts to the public sector, fiddling with minor taxes like the luxury tax, the anticipated high deficit and substantial increase in spending, but nothing that could be considered big or bold.”
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