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Kevin Page on debt, deficits and Canada’s hinge moment

On this episode of WONK, the former Parliamentary Budget Officer explains the big bet in Canada’s recent federal budget and why the fiscal future looks okay

Disponible en anglais seulement

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Publié:11 novembre 2026

Project: Build Big Things

The Liberal government recently tabled its second budget — a $151.5 billion plan that the government hopes will boost the economy, ease affordability challenges and even eradicate homelessness. This plan is made possible in part by an unexpected windfall thanks to higher oil prices, but it will still cost Canadians, with the federal government projecting a $62-billion deficit and no plan to balance the books. In this episode, host Michael Serapio talks to economist Kevin Page, the founding president of the Institute for Fiscal Studies and Democracy and a former Parliamentary Budget Officer, about the government’s bet at a critical moment in history.

Listen now anywhere you get your podcasts and watch full episodes on YouTube.

Read PPF’s statement on Budget 2026.

« Des tables plus grandes, des récits plus riches, un impact plus large. »

Inez Jabalpurwala, Présidente-directrice générale du Forum des politiques publiques

Notre travail rassemble des dirigeants accomplis et de nouvelles voix qui produisent des idées pratiques et robustes pour des politiques au service de tous les Canadiens.