CD Howe (and others) say budget is garbage and disappointing. It's not being well received anywhere i've seen.

[CdnFox]

The continuing credibility crisis of federal fiscal policy – C.D. Howe Institute

As you can see they are not kind. Most of the other experts Seem to be saying the same sort of things.

So after all that talk about wanting more time to make sure they get it right, they got it wrong.

So why is this so worrying? Other than the fact that we have a crappy budget which is obviously not a good thing in and of itself.

Carney is obviously relying heavily on advisors. He didn't put this budget together himself, or if he did he's ignoring his own incompetence. Which means all of this talk about his Experience has been a load of complete garbage

Which means there isn't going to be a 'generational' plan, they're just going to fly the economy into the ground again. 

Canadian dollar hits nearly seven-month low on post-Fed momentum - The Globe and Mail

Well that's not good.  Looks like the market didn't like it either. 

[Legato]

[Goddess]

I'm getting very worried about this country's economy and where we are headed.

The Libs will not STOP spending on crap and sadly, a slim majority of Canadians don't seem to understand that THE GOVERNMENT HAS NO MONEY.  IT'S ALL YOUR MONEY. IT'S YOUR TAX DOLLARS.

I cannot believe that we cannot get rid of this albatross Liberal government from around our necks and that most Canadians still don't see what's going on.

Edited November 6, 2025 by Goddess

[WestCanMan]

14 hours ago, CdnFox said:

The continuing credibility crisis of federal fiscal policy – C.D. Howe Institute

As you can see they are not kind. Most of the other experts Seem to be saying the same sort of things.

So after all that talk about wanting more time to make sure they get it right, they got it wrong.

So why is this so worrying? Other than the fact that we have a crappy budget which is obviously not a good thing in and of itself.

Why are you talking about this, Cdn?

CBC's talking point of the day is "No one likes Poilievre. He's too negative, and he's not doing the country any good."

Your talk of the glorious leader, the anointed one, is improper, and you should reconsider.

[Goddess]

This budget uses Carney's new "creative accounting".

The CPP, which has always been a liability to the gov't because it's money owed, has now been moved over to the "Asset" column.

We can kiss our pension goodbye.  The Libs just claimed that money for themselves.  It's a false asset, so we will never know exactly how bad we're in debt until it's too late.

[WestCanMan]

1 hour ago, Goddess said:

This budget uses Carney's new "creative accounting".

The CPP, which has always been a liability to the gov't because it's money owed, has now been moved over to the "Asset" column.

We can kiss our pension goodbye.  The Libs just claimed that money for themselves.  It's a false asset, so we will never know exactly how bad we're in debt until it's too late.

Assets, investments... All their crony cash cows are in the "investments" category, because when Carney gives his green energy pals and his carbon capture pals money they call it "an investment in the future". 

By the same token their hookers and blow fund is an investment in networking with the Epsteins and Diddys of the world. 

[CdnFox]

8 hours ago, WestCanMan said:

Assets, investments... All their crony cash cows are in the "investments" category, because when Carney gives his green energy pals and his carbon capture pals money they call it "an investment in the future". 

By the same token their hookers and blow fund is an investment in networking with the Epsteins and Diddys of the world. 

The problem I have is that all of this stuff is supposed to generate significant economic activity, but not for three or four years.

Which means they get to spend the next three or four years saying well our plan hasn't kicked in yet give it time, you've waited this long don't quit now just before it pays off.

And then carney retires in 5 years as he turns 65 then goes on to make more money than god sitting on boards of directors doing nothing and the next guy takes over and says well of course you can compare me to that carney liar, I just got here

[I am Groot]

16 hours ago, Goddess said:

I'm getting very worried about this country's economy and where we are headed.

The Libs will not STOP spending on crap and sadly, a slim majority of Canadians don't seem to understand that THE GOVERNMENT HAS NO MONEY.  IT'S ALL YOUR MONEY. IT'S YOUR TAX DOLLARS.

Actually, it's borrowed money. And it's younger people who will endure a lifetime in a Canada burdened by massive debt who will suffer. For seniors, meh, no big deal. They'll be gone before the bill comes due.

[WestCanMan]

7 hours ago, CdnFox said:

The problem I have is that all of this stuff is supposed to generate significant economic activity, but not for three or four years.

Which means they get to spend the next three or four years saying well our plan hasn't kicked in yet give it time, you've waited this long don't quit now just before it pays off.

And then carney retires in 5 years as he turns 65 then goes on to make more money than god sitting on boards of directors doing nothing and the next guy takes over and says well of course you can compare me to that carney liar, I just got here

And after all that, Rosemary Barton will still love him, and then she will treat the next LPOC leader like her own prodigal child returned while she heaps scorn on the opposition. 

[CdnFox]

6 hours ago, WestCanMan said:

And after all that, Rosemary Barton will still love him, and then she will treat the next LPOC leader like her own prodigal child returned while she heaps scorn on the opposition. 

She will if she wants to keep her job

[Army Guy]

Again there is not one liberal of leftist commenting on the budget in this post........maybe they are thinking about where they placed their vote, and to be honest he was touted as the guy who could handle trump, and he is a world class banker what could go wrong....

This budget is higher than the any of them in WWII, Korea, or any other crises we have had....and we As Canadians are still waiting for a sign any sign...that things are going to get better....In the mean time things are pretty quit here from the left side of the spectrum....Are liberals just bowing their heads and shaking them saying i don't know what went wrong...or are they partying like it was 1999....and they are to hung over to say anything...Come on liberal talk to me goose...

[CdnFox]

1 hour ago, Army Guy said:

Again there is not one liberal of leftist commenting on the budget in this post........maybe they are thinking about where they placed their vote, and to be honest he was touted as the guy who could handle trump, and he is a world class banker what could go wrong....

This budget is higher than the any of them in WWII, Korea, or any other crises we have had....and we As Canadians are still waiting for a sign any sign...that things are going to get better....In the mean time things are pretty quit here from the left side of the spectrum....Are liberals just bowing their heads and shaking them saying i don't know what went wrong...or are they partying like it was 1999....and they are to hung over to say anything...Come on liberal talk to me goose...

To be honest that's one thing that's a little weird. Almost all of the benefits won't be seen until much later down the road even by the budgets own admission. And they will generally be very macroeconomic with the hope that it'll trickle down to the microeconomic.  I would have expected that they would have thrown at least a few goodies in the people could look at and say "okay well at least that makes my life better tomorrow.". A tax cut or something spending on something that will immediately benefit people or something.

But it doesn't do a single thing to help with affordability right now and that's going to make it a pretty hard sell to people across Canada.

I mean if this budget falls nobody's going to be sitting there saying "dammit, i lost that luxury airplane tax break" or " I was SOOO looking forward to depreciating my computer in a much lower time!" 

Risky move seeing as this may well turn out to be a budget they have to fight an election on. 

[eyeball]

18 hours ago, Army Guy said:

Again there is not one liberal of leftist commenting on the budget in this post.....

The billions in subsidies to big oil disguised as climate action suck so does scrapping taxes on the rich.

Money for more fire fighting planes makes sense.

[CdnFox]

1 minute ago, eyeball said:

The billions in subsidies to big oil disguised as climate action suck so does scrapping taxes on the rich.

Money for more fire fighting planes makes sense.

But do the planes really make sense? I mean they're only going to lease four aircraft for all of Canada. Is this part of a larger plan that we haven't heard about? Is there some reason why it's four and not 10 or 3? It feels like it doesn't really address our issues at all and it's just some sort of window dressing. 

I think a lot of the budget falls under that heading, the idea behind it is relatively solid, but what's actually proposed doesn't get the job done or hasn't been proposed with a solid plan in place.

[Army Guy]

2 hours ago, eyeball said:

The billions in subsidies to big oil disguised as climate action suck so does scrapping taxes on the rich.

Money for more fire fighting planes makes sense.

Is it worth 78 bil, to lease 4 airplanes....Would you vote for this budget ?

[eyeball]

1 hour ago, Army Guy said:

Is it worth 78 bil, to lease 4 airplanes....Would you vote for this budget ?

At $20 billion per plane? Probably not.

[I am Groot]

A very good and honest write-up on Carney, and how he fails to meet the goals of Carney from six months ago.

But here’s the problem. Better isn’t good enough, and Improvement Over Trudeau wasn’t the sales pitch. Carney set the standard by which he’ll be judged — he and his campaign went out of their way to raise the bar, turning an election about political change into an election about our existential survival.

It worked. The Conservatives had no reply and just stood there slack jawed as their 20-point lead evaporated, taking their leader’s seat with it.

But now Carney will actually be expected to clear that bar. Right now, he’s not — and it’s not even close.

https://www.readtheline.ca/p/matt-gurney-the-carney-salvation