Massive $90B spending plan unveiled: Barrett questions Liberal budget priorities amid record deficit

It also projects a $78.3 billion deficit this fiscal year — more than double last year’s estimate

The federal government unveiled a massive new spending plan Tuesday, with nearly $90 billion in new investments over the next five years aimed at boosting the economy and strengthening national security.

The 2025 federal budget includes major funding for defence and a one-percentage-point income tax cut coming in July. 

It also projects a $78.3 billion deficit this fiscal year — more than double last year’s estimate.

Leeds–Grenville–Thousand Islands and Rideau Lakes MP Michael Barrett raised concerns about Liberal regulations and how they could impact Canadians.

 Barrett shared what he plans to do with his vote.

He explained what he believes needs to happen.

Barrett explained what he believes should be the government’s top priority.

Barrett shared his top-line message.

Barrett added that it’s still too early to know how the budget will affect the local community.

The minority Liberal government will need outside support to pass the confidence vote, which could trigger an election if it fails.