PBO slices through Carney's creative accounting
Terrazzano: Carney isn’t balancing anything when he borrows tens of billions of dollars every year
By Canadian Taxpayers Federation Franco Terrazzano, CTF Federal Director—— Bio and Archives--November 16, 2025
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 bombshell Parliamentary Budget Officer report that criticizes the government’s definition of capital spending and promise to balance the operating budget.
“The reality is that Carney is continuing on a course of unaffordable borrowing and the PBO report shows government messaging about ‘balancing the operating budget’ is not credible,” said Franco Terrazzano, CTF Federal Director. “Carney is using creative accounting to hide the spiralling debt.”
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