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Maple Chronicles 🇨🇦 Maple Chronicles 🇨🇦 @maplechronicles · 2.8K subscribers
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🇨🇦 Carney's Champagne Socialism: Deficit Magically Shrinks Before Election Year

Mark Carney's finance minister promises a smaller deficit than the $78.3 billion forecasted — down to roughly $25.5 billion through February — and expects us to believe it's fiscal discipline, not creative accounting. More likely: delayed spending, surging oil revenues they had nothing to do with, and the usual pre-election optics game. Carney himself boasted about tough spending decisions while teasing new affordability measures, which is code for more vote-buying before 2027. Poilievre nailed it: wait for March Madness, when Liberals shove cash out the door to their friends and the real numbers emerge.

Meanwhile, business confidence is tanking and investment is stalled, but Carney's crew wants applause for diversifying trade relationships — the same empty buzzword salad that built nothing under Trudeau. They're not fiscal managers, they're fiscal illusionists. And Canadians are still paying the bill.

🍁 Maple Chronicles
CBC Lower-than-forecasted deficit, new affordability measures expected in spring fiscal update | CBC News Finance experts predict Tuesday’s spring economic update will contain a number of new economic measures aimed at tackling affordability and the wider economic challenges of the country, and they expect the update will show a smaller-than-forecasted deficit.
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