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OTTAWA · October 2025 — Prime Minister Mark Carney declared today that his government views the upcoming federal budget as a high-stakes moment and hinted strongly he’ll be willing to go to the polls over it. The budget is not simply a policy milestone, he said — “this is not a game.”
Speaking at the close of the APEC Summit, Carney told reporters that the budget will reflect major choices for Canada’s future direction and warned that failure to deliver could force an early election. He said the government intends to put forward a plan combining fiscal discipline with investment in strategic priorities.
Carney’s comments come amid mounting economic uncertainties: slowing growth, trade-friction with the U.S., and rising public expectations for relief on housing, inflation and jobs. He stressed that his government expects Canadians to see both accountability and ambition in the budget — and that the coming months could decide whether the Liberals retain the mandate to govern.
“The country faces serious choices,” Carney said. “We can’t afford business as usual. If we’re not prepared to act, then Canadians must decide who will.” His tone suggested a willingness to frame the budget not just as fiscal policy, but as a referendum on leadership.
Political analysts note that by signalling early his readiness for an election fight, Carney may be attempting to put pressure on opposition parties — especially the Conservative Party of Canada — to clarify their stance on the budget. With the Liberals governing in a minority context, an election triggered by a budget defeat would be only a vote of confidence away.
The opposition so far has remained cautious. While some spokespeople insist they will approach the budget responsibly, none have committed publicly to supporting it — raising the prospect that Carney’s government could face a showdown in the House of Commons.
In the coming weeks, the budget’s details — expected to include spending cuts, new infrastructure investment, tax relief measures and defence commitments — will become central to the emerging political narrative. With Carney framing the moment as existential for his government’s agenda, Canadians can expect intense political focus ahead of the budget’s tabling.
By CanadaToday Staff
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