PM Carney’s first budget outspends Trudeau’s plan by $67.6 billion over next four years; runs deficits twice as large
Comparing Federal Fiscal Plans: Is the Carney Government Truly Taking a Different Approach than Its Predecessor?
By Fraser Institute —— Bio and Archives--March 17, 2026
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER—Prime Minister Mark Carney’s 2025 budget, his first in office, forecasts total federal program spending over the next four years will be $67.6 billion higher than what was planned by former Prime Minister Justin Trudeau, and his expected deficits are double the Trudeau government’s projections, finds a new study published today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
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