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  3. Mark Carney’s first budget projects $78B deficit, program and civil service cuts

Mark Carney’s first budget projects $78B deficit, program and civil service cuts

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  • R This user is from outside of this forum
    R This user is from outside of this forum
    Rentlar
    wrote on last edited by
    #1

    The theme seems to be “reduce operating spending, increase capital spending”. We’ll see how that will blow over with the opposition.

    T M kbalK N S 10 Replies Last reply
    101
    • R Rentlar

      The theme seems to be “reduce operating spending, increase capital spending”. We’ll see how that will blow over with the opposition.

      T This user is from outside of this forum
      T This user is from outside of this forum
      t00l_shed@lemmy.world
      wrote on last edited by
      #2

      Yay! Lower quality services is some that benefits everyone! Thanks bank daddy!

      M 1 Reply Last reply
      25
      • R Rentlar

        The theme seems to be “reduce operating spending, increase capital spending”. We’ll see how that will blow over with the opposition.

        M This user is from outside of this forum
        M This user is from outside of this forum
        MyBrainHurts
        wrote on last edited by
        #3

        I don’t love everything in there but overall, seems a pretty fair mix of “dealing with the American shitstorm”, helping the economy and hopefully getting us on a greener path. Yes, there are parts I’d like more of and otherd of which I’d like less but in terms of a broad compromise that I think is reasonable to a large swathe of Canadians, I’m a pretty big fan.

        N 1 Reply Last reply
        26
        • T t00l_shed@lemmy.world

          Yay! Lower quality services is some that benefits everyone! Thanks bank daddy!

          M This user is from outside of this forum
          M This user is from outside of this forum
          MyBrainHurts
          wrote on last edited by
          #4

          Which services are you thinking of?

          The major thing I’ve seen is reducing the number of public sector employees back to 2020 levels, which doesn’t seem wild. (I haven’t seen a good explanation of why we needed to increase the public sector by 20% since then, nor of what we got out of that. If you have anything, I’d love to read it!) Throw in some reductions of outside consultants etc…

          There are undoubtedly some programs getting cut. But given we’re teetering on the edge of an adversary induced recession, that doesn’t seem unsreasonable.

          T C N 3 Replies Last reply
          8
          • R Rentlar

            The theme seems to be “reduce operating spending, increase capital spending”. We’ll see how that will blow over with the opposition.

            kbalK This user is from outside of this forum
            kbalK This user is from outside of this forum
            kbal
            wrote on last edited by
            #5

            Yves-François Blanchet gave quite a speech about it, the gist of it was that he doesn’t like it. This may be a budget that fails to pass.

            1 Reply Last reply
            3
            • 1985mustangcobra@lemmy.ca1 This user is from outside of this forum
              1985mustangcobra@lemmy.ca1 This user is from outside of this forum
              1985mustangcobra@lemmy.ca
              wrote on last edited by
              #6

              i think the chances of a winter election are more of a possibility.

              1 Reply Last reply
              0
              • M This user is from outside of this forum
                M This user is from outside of this forum
                MyBrainHurts
                wrote on last edited by
                #7

                I think the Bloc has been adamantly opposed for months.

                Possibly foolishly optimistic take incoming:

                My guess/ferverent hope is that the NDP and Cons don’t want another election so soon. The NDP can’t afford it and I think the Conservatives wouldn’t love the optics. There’s also so much in there about protecting the Ontario areas where the Conservatives just made inroads + everyone still hates PP, you have to think an election would be a loser for them.

                So, bold prediction/prayer, Cons n NDP allow a free vote with abstentions so they don’t have to vote for it but also don’t have to trigger an election.

                kbalK T L 3 Replies Last reply
                3
                • M MyBrainHurts

                  Which services are you thinking of?

                  The major thing I’ve seen is reducing the number of public sector employees back to 2020 levels, which doesn’t seem wild. (I haven’t seen a good explanation of why we needed to increase the public sector by 20% since then, nor of what we got out of that. If you have anything, I’d love to read it!) Throw in some reductions of outside consultants etc…

                  There are undoubtedly some programs getting cut. But given we’re teetering on the edge of an adversary induced recession, that doesn’t seem unsreasonable.

                  T This user is from outside of this forum
                  T This user is from outside of this forum
                  t00l_shed@lemmy.world
                  wrote on last edited by
                  #8

                  I don’t have anything in particular, as I haven’t seen details, but the public service exists to serve the public, cutting the workforce ends up reducing services. Since we’re on the edge of a recession I’d say tax the billionaires, go back and charge Google for the billions that we were supposed to get before Carney bowed down to trump. We will now also have many unemployed more unemployed people which causes strains in other areas. I remain unconvinced that cuts for austerity purposes are ultimately beneficial, raise taxes on the ultra wealthy instead

                  M 1 Reply Last reply
                  3
                  • R Rentlar

                    The theme seems to be “reduce operating spending, increase capital spending”. We’ll see how that will blow over with the opposition.

                    N This user is from outside of this forum
                    N This user is from outside of this forum
                    Nils
                    wrote on last edited by nils@lemmy.ca
                    #9

                    That $2B USD from the digital service taxes would not be so bad now.

                    Also, guess who will pay less taxes, and who will foot the bill?

                    https://www.canada.ca/en/department-finance/news/2025/11/government-of-canada-releases-budget-2025-canada-strong.html
                    A bit better diluted: https://www.cbc.ca/news/politics/budget-highlights-9.6966595

                    (detailed): https://budget.canada.ca/2025/report-rapport/pdf/budget-2025.pdf

                    S 1 Reply Last reply
                    27
                    • M MyBrainHurts

                      I think the Bloc has been adamantly opposed for months.

                      Possibly foolishly optimistic take incoming:

                      My guess/ferverent hope is that the NDP and Cons don’t want another election so soon. The NDP can’t afford it and I think the Conservatives wouldn’t love the optics. There’s also so much in there about protecting the Ontario areas where the Conservatives just made inroads + everyone still hates PP, you have to think an election would be a loser for them.

                      So, bold prediction/prayer, Cons n NDP allow a free vote with abstentions so they don’t have to vote for it but also don’t have to trigger an election.

                      kbalK This user is from outside of this forum
                      kbalK This user is from outside of this forum
                      kbal
                      wrote on last edited by kbal@fedia.io
                      #10

                      Yeah I think some Conservatives abstaining is the most likely path. Much as they’d like to I don’t think the NDP (or Elizabeth May) are going to want to be seen as enabling it.

                      If the Conservatives don’t make it happen, their party may just get its own chance to fail to pass their first budget very soon.

                      1 Reply Last reply
                      0
                      • M MyBrainHurts

                        I don’t love everything in there but overall, seems a pretty fair mix of “dealing with the American shitstorm”, helping the economy and hopefully getting us on a greener path. Yes, there are parts I’d like more of and otherd of which I’d like less but in terms of a broad compromise that I think is reasonable to a large swathe of Canadians, I’m a pretty big fan.

                        N This user is from outside of this forum
                        N This user is from outside of this forum
                        Nils
                        wrote on last edited by nils@lemmy.ca
                        #11

                        dealing with the American shitstorm
                        getting us on a greener path

                        Can you clarify your position or share the article you read? I might have missed those points when I read the https://www.budget.canada.ca/ report

                        there are parts I’d like more of and otherd of which I’d like less
                        broad compromise that I think is reasonable to a large swathe of Canadians,

                        A bit vague no? What do you mean?

                        Thanks.

                        M 1 Reply Last reply
                        7
                        • M This user is from outside of this forum
                          M This user is from outside of this forum
                          MyBrainHurts
                          wrote on last edited by
                          #12

                          If the Conservatives don’t make it happen, their party may just get its own chance to fail to pass their first budget very soon.

                          Ha, well put.

                          We’ll see how it all shakes out but if I were the Liberals, I think I’d be itching for this fight and a pretty good chance at taking a majority government.

                          Maybe I’m discounting partisanship, but I can’t imagine Canadians would be happy about another election with America attacking us. (Also, while obviously sample size/anecodatal doesn’t count etc my 2 angry Conservative friends seemed pretty content with the budget.)

                          C 1 Reply Last reply
                          1
                          • T t00l_shed@lemmy.world

                            I don’t have anything in particular, as I haven’t seen details, but the public service exists to serve the public, cutting the workforce ends up reducing services. Since we’re on the edge of a recession I’d say tax the billionaires, go back and charge Google for the billions that we were supposed to get before Carney bowed down to trump. We will now also have many unemployed more unemployed people which causes strains in other areas. I remain unconvinced that cuts for austerity purposes are ultimately beneficial, raise taxes on the ultra wealthy instead

                            M This user is from outside of this forum
                            M This user is from outside of this forum
                            MyBrainHurts
                            wrote on last edited by mybrainhurts@piefed.ca
                            #13

                            the public service exists to serve the public, cutting the workforce ends up reducing services.

                            But what services did we get with our ridiculous expansion of the public service over the last four years?

                            charge Google for the billions that we were supposed to get before Carney bowed down to trump.

                            If memory serves, the tax in total, wad supposed to bring in 2 billion. We are paying an order of magnitude more than that to deal with tarrifs affected industries. It seems pretty reasonable to assume something that hits trump’s donors so precisely would elicit a reaction that would cost us much more than we brought in.

                            I’d say tax the billionaires

                            Sure, I’d like to as well. But there are I think less than 100 billionaires in Canada. Say we could soak them for even another 100 million a year each (which would be extraordinary and almost require some wild changes to the tax code because of the nature of their wealth, but let’s put those complications to the side.) Groovy. Until what, 1 in 10 decide it’s worth that 100 million plus the existing difference to move to the States or elsewhere. It’s a tricky balance and I’ve yet to see any of our populist “just tax the rich!” really show their math.

                            Edit: finished my thought after clicking accidentally.

                            T B 2 Replies Last reply
                            2
                            • M MyBrainHurts

                              Which services are you thinking of?

                              The major thing I’ve seen is reducing the number of public sector employees back to 2020 levels, which doesn’t seem wild. (I haven’t seen a good explanation of why we needed to increase the public sector by 20% since then, nor of what we got out of that. If you have anything, I’d love to read it!) Throw in some reductions of outside consultants etc…

                              There are undoubtedly some programs getting cut. But given we’re teetering on the edge of an adversary induced recession, that doesn’t seem unsreasonable.

                              C This user is from outside of this forum
                              C This user is from outside of this forum
                              corsicanguppy@lemmy.ca
                              wrote on last edited by
                              #14

                              (I haven’t seen a good explanation of why we needed to increase the public sector by 20% since then, nor of what we got out of that. If you have anything, I’d love to read it!)

                              Here’s an easy explanation: we didn’t have enough.

                              Wait times are no fun, right? Need more people to process the things, or you need to remove some of the regulatory steps involved. Both those, the doing of the work and the fruitless “just make it faster” boondoggles, need meatbags to do the doing.

                              You now how we can tell we didn’t have enough? WAIT TIMES. When it’s zero, you may have too many staff. When it’s a day, you’re probably just right. Show me a wait time report and I’ll show you 12 months in processing delays that we should have avoided by grabbing an intelligent peon and making them do some things of the things that need doing – because processing delays and wait times are absolutely the shits right now.

                              QED

                              B M 2 Replies Last reply
                              11
                              • M MyBrainHurts

                                I think the Bloc has been adamantly opposed for months.

                                Possibly foolishly optimistic take incoming:

                                My guess/ferverent hope is that the NDP and Cons don’t want another election so soon. The NDP can’t afford it and I think the Conservatives wouldn’t love the optics. There’s also so much in there about protecting the Ontario areas where the Conservatives just made inroads + everyone still hates PP, you have to think an election would be a loser for them.

                                So, bold prediction/prayer, Cons n NDP allow a free vote with abstentions so they don’t have to vote for it but also don’t have to trigger an election.

                                T This user is from outside of this forum
                                T This user is from outside of this forum
                                tleb@lemmy.ca
                                wrote on last edited by
                                #15

                                Conservatives are requiring electronic votes for travelling MPs as far as I understand, so there’s very few excuses to “accidentally” abstain. However, one has already crossed the floor, and more are to come. If the Liberals don’t get a majority then I’m sure enough NDP are going to abstain for it to pass.

                                M 1 Reply Last reply
                                0
                                • M MyBrainHurts

                                  If the Conservatives don’t make it happen, their party may just get its own chance to fail to pass their first budget very soon.

                                  Ha, well put.

                                  We’ll see how it all shakes out but if I were the Liberals, I think I’d be itching for this fight and a pretty good chance at taking a majority government.

                                  Maybe I’m discounting partisanship, but I can’t imagine Canadians would be happy about another election with America attacking us. (Also, while obviously sample size/anecodatal doesn’t count etc my 2 angry Conservative friends seemed pretty content with the budget.)

                                  C This user is from outside of this forum
                                  C This user is from outside of this forum
                                  corsicanguppy@lemmy.ca
                                  wrote on last edited by
                                  #16

                                  The last month or so haven’t been good for Mark’s electability. He should really lay low a bit until the attack ad potential dies down. I’d hate to see more morons choosing Milhouse.

                                  M 1 Reply Last reply
                                  1
                                  • M MyBrainHurts

                                    the public service exists to serve the public, cutting the workforce ends up reducing services.

                                    But what services did we get with our ridiculous expansion of the public service over the last four years?

                                    charge Google for the billions that we were supposed to get before Carney bowed down to trump.

                                    If memory serves, the tax in total, wad supposed to bring in 2 billion. We are paying an order of magnitude more than that to deal with tarrifs affected industries. It seems pretty reasonable to assume something that hits trump’s donors so precisely would elicit a reaction that would cost us much more than we brought in.

                                    I’d say tax the billionaires

                                    Sure, I’d like to as well. But there are I think less than 100 billionaires in Canada. Say we could soak them for even another 100 million a year each (which would be extraordinary and almost require some wild changes to the tax code because of the nature of their wealth, but let’s put those complications to the side.) Groovy. Until what, 1 in 10 decide it’s worth that 100 million plus the existing difference to move to the States or elsewhere. It’s a tricky balance and I’ve yet to see any of our populist “just tax the rich!” really show their math.

                                    Edit: finished my thought after clicking accidentally.

                                    T This user is from outside of this forum
                                    T This user is from outside of this forum
                                    t00l_shed@lemmy.world
                                    wrote on last edited by
                                    #17

                                    But what services did we get with our ridiculous expansion of the public service over the last four years?

                                    Lets see what we miss out on if this budget passes.

                                    If memory serves, the tax in total, wad supposed to bring in 2 billion. We are paying an order of magnitude more than that to deal with tarrifs affected industries. It seems pretty reasonable to assume something that hits trump’s donors so precisely would elicit a reaction that would cost us much more than we brought in.

                                    Great that’s 2 billion we left on the table. We are paying more, but guess what bowing down to trump has left us where exactly? Are we just supposed to keep bending over for trump and his cronies? Fucking nationalize shit if they play that game.

                                    Sure, I’d like to as well. But there are I think less than 100 billionaires in Canada. Say we could soak them for even another 100 million a year each. Groovy. Until what, 1 in 10 decide it’s worth that 100 million plus the existing difference to move to the States or elsewhere. Its

                                    Good riddance they are a plague. Make them pay their taxes before they leave. They don’t bring in anything, they cost us. We subsidize their businesses, think O&G. We burn the planet so they can have another yacht, that they got through tax loopholes. Fuck them

                                    M 1 Reply Last reply
                                    6
                                    • Avid AmoebaA This user is from outside of this forum
                                      Avid AmoebaA This user is from outside of this forum
                                      Avid Amoeba
                                      wrote on last edited by
                                      #18

                                      It’s their jobnot to like it, ask for more for QC, get something, then begrudgingly vote in favour.

                                      1 Reply Last reply
                                      0
                                      • N Nils

                                        dealing with the American shitstorm
                                        getting us on a greener path

                                        Can you clarify your position or share the article you read? I might have missed those points when I read the https://www.budget.canada.ca/ report

                                        there are parts I’d like more of and otherd of which I’d like less
                                        broad compromise that I think is reasonable to a large swathe of Canadians,

                                        A bit vague no? What do you mean?

                                        Thanks.

                                        M This user is from outside of this forum
                                        M This user is from outside of this forum
                                        MyBrainHurts
                                        wrote on last edited by
                                        #19

                                        Those are two very different parts. Dealing with the American shitstorm is approached with enhanced trade routes etc. You might look at the broad overview here: https://budget.canada.ca/2025/report-rapport/chap1-en.html

                                        On the greener path, sure, there’s a new nuclear plant, carbon capture (not my ideal but probably a reasonable compromise with our oil dependent provinces) Wind West Atlantic and of course, holding onto the industrial carbon price. (The only realistic non Liberal government would be the Conservatives who have been opposed to that since inception.)

                                        there are parts I’d like more of

                                        If I had my magic wand, I’d probably like more green projects, probably some higher wealth taxes though disentangling those from capital investment is tricky etc. I’d also like to keep expanding the national daycare program.

                                        other[s] of which I’d like less

                                        Personally, I’m not entirely sold on a massive military budget buuuuuuuuut, I’m not wildly opposed. There are a few tax cuts that I think are a little silly (luxury jets seems fucking dumb. I hope they catch that somewhere else) and frankly, I didn’t love the gigantic tax cut at the beginning, though I’m in a pretty privileged position etc.

                                        N 1 Reply Last reply
                                        8
                                        • M MyBrainHurts

                                          I think the Bloc has been adamantly opposed for months.

                                          Possibly foolishly optimistic take incoming:

                                          My guess/ferverent hope is that the NDP and Cons don’t want another election so soon. The NDP can’t afford it and I think the Conservatives wouldn’t love the optics. There’s also so much in there about protecting the Ontario areas where the Conservatives just made inroads + everyone still hates PP, you have to think an election would be a loser for them.

                                          So, bold prediction/prayer, Cons n NDP allow a free vote with abstentions so they don’t have to vote for it but also don’t have to trigger an election.

                                          L This user is from outside of this forum
                                          L This user is from outside of this forum
                                          lovecanada@lemmy.ca
                                          wrote on last edited by
                                          #20

                                          I think its more likely the NDP just abstain enough that it passes. And apparently there is a member crossing the floor today from the Cons to the Libs so they only need a few abstentions to pass. I dont think the Cons will to abstain because of the optics.

                                          1 Reply Last reply
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