Why Carney's $78B deficit budget gets a C-grade

Rudyard Griffiths and Sean Speer discuss Prime Minister Carney's first federal budget featuring a $78.3 billion deficit. While the budget is a departure from the Trudeau era in terms of its diagnosis of what ails Canada's economy, they express concern that it does not meet the moment. They explore whether the government's heavy spending approach and "Laurentian capitalism" model can deliver promised productivity gains, or whether Canada needs a more market-driven strategy focused on tax cuts, deregulation, and unleashing private sector innovation. The Hub is Canada's fastest growing independent digital news outlet. Subscribe to The Hub's podcast feed to get our best content when you are on the go: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Want more Hub? Get a FREE 3-month trial membership on us: https://thehub.ca/free-trial/ Follow The Hub on X: https://x.com/thehubcanada?lang=en CREDITS: Amal Attar-Guzman - Producer and Sound Editor Rudyard Griffiths and Sean Speer - Hosts To contact us, sign up for updates, and access transcripts email [email protected]. Hosted on Acast. See acast.com/privacy for more information.