On Nov. 4, Prime Minister Mark Carney’s government tabled its first budget since taking office in the spring. Despite the new face at the helm, Carney’s budget unfortunately relies on the same failed economic strategy the Justin Trudeau government pursued for a decade.
For starters, Carney’s economic plan calls for more government involvement in the economy. Ottawa will become a home developer, pick winners and losers from a bevy of major national energy project proposals, implement a new “climate” strategy and substantially increase federal spending and borrowing.
