Looking Inside Mark Carney’s ‘Extremely Orwellian’ Austerity Budget

PressProgress Sources

Mark Carney is billing his first budget as an "investment budget," but with plans to eliminate 40,000 jobs in the federal public service and cut $60 billion in program spending, is this really an "investment budget" or is it an austerity budget?

The 2025 federal budget gives Canadians a first look at the details behind Carney's plans to have federal departments cut 15% in spending, reduce the federal workforce by 10% and spend tens of billions of dollars on so-called "nation-building projects."

On this episode of Sources, Canadian Labour Congress Senior Economist DT Cochrane joins PressProgress Editor Luke LeBrun live inside the federal budget media lock-up to share his first impressions on the Carney government's first budget.

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