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Poilievre Pressures Carney to Cap Deficit at $42B in Next Budget
Conservative Leader Pierre Poilievre is urging Prime Minister Mark Carney to rein in federal spending and ensure the upcoming budget keeps the deficit below $42 billion. Speaking on Parliament Hill, Poilievre argued that Canadians are already struggling with high living costs and cannot afford what he calls “reckless overspending” by the Liberal government.
Carney, however, has signaled that the deficit is likely to exceed earlier projections, with the Parliamentary Budget Officer forecasting a shortfall closer to $68.5 billion this year. The Prime Minister has defended his fiscal approach, pointing to investments in infrastructure and social programs as necessary to support long-term growth.
The clash underscores a growing political battle over fiscal responsibility, with Poilievre framing the issue as one of affordability and accountability, while Carney emphasizes economic resilience and future-oriented spending.
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