Carney’s spring economic update: Why it ignores real economic reform

Rudyard Griffiths and Sean Speer react to the Carney government's spring economic statement. They discuss the government's structural deficit problem, its reliance on inflation to improve fiscal projections, and the distinction between operating and capital budgets. They also explore why the government favours new agencies and sovereign wealth funds over fundamental tax, regulatory, and competition reforms, questioning whether this top-down strategy can revive Canada's struggling productivity and business investment climate.Subscribe to The Hub's podcast feed to get all our best content:https://tinyurl.com/3a7zpd7e (Apple)https://tinyurl.com/y8akmfn7 (Spotify)Watch a video version on YouTube: https://www.youtube.com/@TheHubCanadaFollow The Hub on X: https://x.com/thehubcanada?lang=enCREDITS:Amal Attar-Guzman - ProducerElia Gross - EditorRudyard Griffiths and Sean Speer - HostsSean Kilpatrick/The Canadian Press - Photo Credit Hosted on Acast. See acast.com/privacy for more information.