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Opinion: Carney government doubles down on failed Trudeau fiscal policy

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17.03.2026

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Opinion: Carney government doubles down on failed Trudeau fiscal policy

Higher spending, bigger deficits and deeper debts aren't going to bring the better economic performance the Liberals want to achieve

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In an attempt to distance itself from the Trudeau government during last year’s federal election, Mark Carney’s campaign promised a “very different approach” to federal finances, one aimed at improving Canada’s economic performance. The experience of recent federal governments suggests such an approach should include spending restraint, balanced budgets and debt reduction. Unfortunately for Canadians, the Carney government is instead doubling down on the Trudeau government’s failed approach.

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