Radio Minute: The BIG numbers

November 7, 2025

19 months for the Carney Liberals to finally table the federal budget.

Today, I will give you the big numbers that are hard to comprehend but important to know before we move into the Budget Implementation Act where details are revealed.

Carney promised to spend less. He is spending $90 billion more: $5,400 per household.

He promised to keep the deficit at $62 billion. It’s $78 billion.

He said he’d lower the debt-to-GDP ratio. He’s raising it and inflation.

He promised more investment, yet the budget shows it continues to collapse as he refuses to remove strict regulations, punitive laws and investment taxes that stymie GDP growth, chokes wealth for Canadians, and depends on government borrowing and spending rather than tax dollars generated by private investment.

Under Carney, federal debt is now at $1.35 trillion.

This budget adds $10 million to our debt every hour, with the debt interest at $55.6 billion for 2026.

Interest that is higher than healthcare transfers, and more than the GST government will collect.

It is not an affordable budget for affordable lives.