With no federal budget in sight there is no way of knowing which of the Liberal government’s grand economic platform strategies and major government interventions are still on Prime Minister Mark Carney’s must-do list. The only item on the official agenda at the moment is a July 1 reduction in the middle-class tax rate from 15 to 14 per cent, a move that will cost the government about $5 billion this year and raise the 2025-26 deficit closer to $50 billion.
