OTTAWA—A new report suggests Mark Carney’s promised spending cuts could come from the expiry of billions in Trudeau-era programs, as it remains unclear how the Liberal government will pass its upcoming budget next week and avoid plunging the country into a sudden election.
In an analysis released Thursday, economists with the Canadian Centre for Policy Alternatives identified short-term funding for disaster responses, fighting climate change, improving access to health care and programs for women, veterans and Indigenous Peoples as the bulk of federal spending that is set to expire in the next three years, shedding light on the potential “sacrifices” the prime minister has said would be necessary to transform the economy amid the trade crisis caused by U.S. President Donald Trump.
