The Conservatives and the Bloc Québécois say they won’t support the 2025 budget presented by the Liberal government on Nov. 4, while the NDP says it will study and consult further before making a decision.
Federal Finance Minister François-Philippe Champagne tabled the first budget under Prime Minister Mark Carney, projecting a deficit of $78.3 billion this fiscal year and a rising debt-to-GDP ratio that will stabilize over the next few years.
The Liberals’ minority government—three seats short of a majority—means it needs votes from opposition MPs for the budget to pass. Since the budget is a confidence matter, the defeat of the budget would force Parliament to dissolve and an election to be called….