Canada's budget deficit for the initial two months of 2025/26 rises to CAD 6.50

Singh Hallan stated that within just two months, Mark Carney accumulated a $6.5 billion deficit, representing a 71% increase compared to Trudeau's spending during the same period last year.


It's no surprise that the C.D. Howe Institute predicts Carney's deficit could reach $92 billion. To mitigate the deficit and ease inflation, enabling a reduction in interest rates, the Liberals should implement the Conservative dollar-for-dollar principle, which mandates saving one dollar for every new dollar spent.