Prime Minister Mark Carney says the Liberal government will deliver a budget this fall, marking a shift in strategy following his finance minister’s suggestion four days earlier that a budget would not be issued this spring.
Carney defended his government’s decision to forgo a spring budget while speaking to reporters on May 18, saying there is no point in rushing the process.
A new session of Parliament is set to resume on May 26, with a throne speech to be delivered on May 27, while the House of Commons will adjourn for the summer just three weeks later, Carney said.
“There is not much value in trying to rush through a budget in a very narrow window—three weeks—with a new cabinet, effectively a new finance minister just reappointed,” he said during a press conference in Rome, where leaders from across the globe have gathered to commemorate the inaugural mass of Pope Leo XIV….