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Liberal leadership candidate Mark Carney plans 'small' deficits for capital projects

Mark Carney announced a plan to balance the operating budget while running small capital deficits at a press conference in Toronto on February 13, 2025.
Conservative Leader Pierre Poilievre criticized Carney's budget strategy, calling it a 'sneaky accounting trick' and expressing concerns about increased government spending.
Carney ruled out future tax hikes, stating, 'We're not going to increase taxes to cut taxes,' as he considers a middle-class tax cut.
Carney aims to balance the operating budget within three years and maintain transfers to individuals and provinces.

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The Globe & Mail

Mark Carney’s muddled fiscal messaging needs some work

The Liberal leadership frontrunner would change the fiscal rules to favour capital spending

24 hours ago·Canada

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The Epoch Times

Carney Vows to ‘Spend Less and Invest More,’ Introduce Tax Cuts if He Becomes Liberal Leader

Liberal leadership candidate Mark Carney has pledged to rein in government spending to make room for income tax cuts, and cap the size of the federal public service. “The essence of this is to spend less and invest more. That means reining in government spending so that Canada can invest more as a country,” Carney told reporters in Scarborough on Feb. 19. Carney, who was formerly the governor of the Bank of Canada and Bank of England, said he wo…

2 days ago·New York, United States

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Rocky Mountain Outlook

+11 Reposted by 11 other sources

Poilievre calls Carney's fiscal plan a 'sneaky accounting trick'

OTTAWA — Conservative Leader Pierre Poilievre is slamming Liberal leadership candidate Mark Carney's plan to split the federal budget, calling it a "sneaky accounting trick" to avoid balancing the books.

3 days ago

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castanet.net

+2 Reposted by 2 other sources

Liberal leadership candidate Mark Carney plans 'small' deficits for capital projects

Liberal leadership candidate Mark Carney is vowing to split the federal budget between capital and operating spending, and to balance the operating side while running small capital deficits.

3 days ago·Kelowna, Canada

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CTV News

Freeland promises to defend supply management, Carney vows to rein in government spending

With just two and a half weeks to go until the Liberals choose their next leader and the person who will replace Prime Minister Justin Trudeau, presumptive frontrunners Mark Carney and Chrystia Freeland made campaign stops on Wednesday.

3 days ago·Canada

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