The economically minded government of Prime Minister Mark Carney, the administration promising to tighten the reins of government spending and already being hailed for bringing back blue business Liberals, is going to skip the 2025 budget.
Why bother? There’s so much to do, so little time. So Finance Minister François-Philippe Champagne told reporters Wednesday that Mr. Carney’s government is going to put off delivering its first framework for the public finances till the Fall Economic Update.
So October? December?
“Fall is fall,” Mr. Champagne replied.
There’s no arguing with that, or indeed with any of the justification for omitting the 2025 budget that Mr. Champagne presented to reporters in three steps – precisely because it contained no real justification at all.
Step one, Mr. Champagne said, is the middle-class tax cut that Mr. Carneysupposedly authorized Wednesday when he signed a piece of paper. That’s not really step one, because the tax cut has to be brought …