Can Canada afford Carney’s budget?
The Big Story

Can Canada afford Carney’s budget?

B2Upper-intermediateNovember 9, 202624 min
  • About Canada

"Masters of our Destiny" The title of Mark Carney's second federal budget since becoming Prime Minister. It outlines paths to build stronger Canadian sovereignty, including new spending to help at the grocery store, funding for local journalism, culture, and an ambitious goal to end homelessness—but it comes with a hefty price tag. Host Maria Kestane speaks with Craig Lord, a reporter and editor specializing in economics at The Canadian Press, about the message the government is trying to send with this budget, and how we're going to pay for it all. We...

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the latest budget, we sort of have an idea of what that could look like. Tax incentives

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Frequency podcast network. Stories that matter. Podcasts that resonate. The federal government wants Canada to become the master of its own destiny. And through the latest budget, we sort of have an idea of what that could look like. Tax incentives for foreign capital, infrastructure to lure in international spenders, essentially a framework

0:25

that would allow Canada to flourish without relying too heavily on our rogue, estranged big cousin America. Similar to Prime Minister Carney's first budget tabled last year, Canada seems to be continuing on its path of sovereignty through its spending, with a renewed focus

0:41

on making life more affordable for the everyday Canadian through grocery rebates, reducing tax filing red tape, and boosting access to arts and culture. The deficit this fiscal year sits at $62.3 billion, a little less than what was projected

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