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Carney defends deficit spending amid ‘worst crisis of our lifetimes’

  • Liberal Leader Mark Carney proposed $129 billion in new spending with no plan to balance the budget, stating this approach is needed in the current crisis.
  • Carney's platform includes major infrastructure projects like the Port of Churchill and a high-speed rail line, aiming to boost Canada's economy.
  • His deficit projections include $62.3 billion for 2025-2026, potentially adding nearly $225 billion to federal debt over four years.
  • Critics argue that Carney's spending plan is more reckless than his predecessor’s.
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Todayville broke the news in on Monday, April 21, 2025.
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