Name: Is Canada Spending Its Way Into Trouble? - Spring Update
Uploaded: 2026-05-15T20:43:32.929Z
Duration: 57 min 7 s
Description: Canada’s spring budget update promises savings, jobs, and nation-building — but the deficit math tells a much messier story. Mike and Paul unpack whether Canada Strong is a real growth plan or another expensive spending cycle Canadians will fund.

Canada’s spring budget update promises savings, jobs, and nation-building — but the deficit math tells a much messier story.

Mike and Paul unpack whether Canada Strong is a real growth plan or another expensive spending cycle Canadians will fund.

In this episode, we break down:

Why the deficit dropped from $78B to $67B — and why the real number may be more complicated
How Canada compares to the G7 on debt-to-GDP, productivity, and fiscal discipline
The Canada Strong Fund, major projects, and whether a sovereign wealth model can work here
Why skilled trades, immigration, housing, and infrastructure need to connect into one strategy
How oil revenue, gas prices, and Middle East instability helped reduce the budget shortfall
The risks behind critical minerals, automotive strategy, defence spending, and public asset sales
Why aging demographics, EI, healthcare transfers, and tax assumptions could pressure future budgets