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Today in Canada > News > Mark Carney’s high-stakes first budget
News

Mark Carney’s high-stakes first budget

Press Room
Last updated: 2025/11/03 at 10:00 AM
Press Room Published November 3, 2025
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Front Burner

Does Prime Minister Carney have the votes to get his first budget passed – or could we be looking at another election?

CBC News · Posted: Nov 03, 2025 7:30 AM EST | Last Updated: 3 hours ago

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Estimated 1 minute

Prime Minister Mark Carney speaks during a news conference.
Prime Minister Mark Carney speaks during a news conference following the APEC Summit in Gyeongju, South Korea, Saturday, Nov.1, 2025. THE CANADIAN PRESS/Adrian Wyld (The Canadian Press)

LISTEN | FRONT BURNER:

Front Burner27:00Mark Carney’s high-stakes first budget

On Tuesday, Canada’s Minister of Finance will announce his much anticipated budget.

It’s Mark Carney’s first as Prime Minister, and comes at a time of instability 

and uncertainty for the country. Trade negotiations with the U.S. are on hiatus, and the pressure’s on to spark economic growth while trimming spending and making life more affordable for Canadians.

Carney’s minority government also needs support from other parties for the budget to pass. And if it doesn’t, we could be looking at another election.

Our guest is Rosemary Barton, CBC’s chief political correspondent.

For transcripts of Front Burner, please visit: https://www.cbc.ca/radio/frontburner/transcripts

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