By Heather Scoffield | The Toronto Star
The news junkies who tend to drive political chatter have come away disappointed after Mark Carney’s first budget this week.
They (OK, we) were underwhelmed — there were no surprises, the budget was pretty much as advertised, and the previously-touted big sacrifices at the altar of economic overhaul were things we already knew were coming.
Here’s a news flash: the budget is not for the finance junkies, not really.
It’s for the public, and in this age of nasty U-turns, disruption and volatility, the predictable nature of Budget 2025 is one of its strongest points.
For a budget to have staying power, it’s not enough to wow those who are hooked on the adrenalin of receiving a list of shiny political objects.
Rather, a budget’s long-term success depends on bringing the public along, and building trust with the very households, corporations and organizations the government needs to implement its budget decisions.
That is especially true of this one.
A budget’s long-term success depends on bringing the public along, and building trust with the very households, corporations and organizations the government needs to implement its budget decisions.
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By Gillian Petit, senior research associate at the University of Calgary’s department of economics, writing for the Institute for Research on Public Policy.
Carney’s first budget: a trillion-dollar investment goal propped up by capital spending
Mark Carney promised us the world in the lead-up to his first budget as prime minister – a generational, Canada-first plan that would set us all up for a prosperous future.
Baseball metaphors aside, this budget will be game-changing
By this time next week, the World Series will be behind us and pundits across the land will be liberated from using tortured and gratuitous baseball metaphors to explain and enlighten every element of their thinking.
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