What does Canadaโs economic landscape look like heading into Budget 2026?
In Part 1 of IFSD's The Politics of Money pre-budget primer, Kevin Page, Sahir Khan and Mostafa Askari take a fresh look at an economy that has proven more resilient than expected, but remains under pressure from weak growth, trade uncertainty and rising borrowing costs.
โ๐๐๐๐ฎโ๐ง๐ ๐๐จ๐จ๐ช๐ข๐๐ฃ๐ ๐ฌ๐ ๐๐๐ฃ ๐๐๐ฉ ๐๐ง๐ค๐ฌ๐ฉ๐ ๐ช๐ฅ ๐ฉ๐ค 2%. ๐๐๐๐ง๐ ๐๐จ ๐ฉ๐๐๐ฉ ๐๐ค๐ข๐๐ฃ๐ ๐๐ง๐ค๐ข? ๐๐ฃ๐ซ๐๐จ๐ฉ๐ข๐๐ฃ๐ฉ. ๐๐ ๐ฃ๐๐๐ ๐ฉ๐ค ๐๐ ๐๐๐ก๐ ๐ฉ๐ค ๐๐ค๐ฃ๐ฃ๐๐๐ฉ ๐ฉ๐๐ ๐๐ค๐ฉ๐จ.โ โ Kevin Page
They unpack the Bank of Canadaโs latest rate increase; what rising 10-year bond yields in Canada and abroad really mean for everyday Canadians and governments; and how growing public- and private-sector borrowing can ultimately affect everything from government debt charges to mortgages and car loans.
โ๐๐ค๐ซ๐๐ง๐ฃ๐ข๐๐ฃ๐ฉ๐จ ๐๐ง๐ ๐ฅ๐๐ฎ๐๐ฃ๐ ๐ข๐ค๐ง๐, ๐๐ช๐ฉ ๐ฉ๐๐๐ฃ ๐ฌ๐ ๐จ๐ฉ๐๐ง๐ฉ ๐ฉ๐ค ๐ฅ๐๐ฎ ๐ข๐ค๐ง๐.โ โ Sahir Khan
IFSD's three Parliamentary Budget Office veterans dig into Canadaโs fiscal room as public debt charges take up more of every dollar of government revenue. That means greater competition for government spending as pressures persist around health care, trade and affordability, while Canadaโs defence commitments continue to grow.
And looming over the discussion is an even bigger question:
How can Canada turn its investment ambition into shovels in the ground, jobs and economic growth?
With growth forecasts depending on stronger business investment, what will governments need to do to get private capital off the sidelines and build investor confidence?
โ๐ ๐ฉ๐๐๐ฃ๐ ๐ฉ๐๐ ๐๐๐๐๐๐จ๐ฉ ๐ง๐๐จ๐ ๐ฉ๐ค ๐ข๐ ๐๐จ ๐ฉ๐๐ ๐ช๐ฃ๐๐๐ง๐ฉ๐๐๐ฃ๐ฉ๐ฎ ๐ฉ๐๐๐ฉ ๐๐จ ๐จ๐ฉ๐ค๐ฅ๐ฅ๐๐ฃ๐ ๐ฅ๐ง๐๐ซ๐๐ฉ๐ ๐จ๐๐๐ฉ๐ค๐ง ๐๐ง๐ค๐ข ๐๐ฃ๐ซ๐๐จ๐ฉ๐๐ฃ๐.โ โ Mostafa Askari
To open the episode, we have a special one-on-one interview as Kevin Page sits down with University of Ottawa economics student Abigail Sampson. Abigail talks about the Policy Magazine articles she has co-authored with Kevin and brings a fresh, younger perspective on the economy, rising debt charges and the fiscal choices her generation may inherit.
โ๐๐๐ ๐ฌ๐๐ฉ๐๐ง ๐๐จ ๐ฌ๐๐ง๐ข, ๐๐ช๐ฉ ๐๐ฉโ๐จ ๐ฃ๐ค๐ฉ ๐๐ค๐๐ก๐๐ฃ๐ ๐ฎ๐๐ฉ.โ โ Abigail Sampson
Coming early next week:
Part II of our pre-budget primer โ IFSD's โsecret decoder ringโ for what to expect from Budget 2026 and how to understand what lies beneath the headline numbers.
In Part 1 of IFSD's The Politics of Money pre-budget primer, Kevin Page, Sahir Khan and Mostafa Askari take a fresh look at an economy that has proven more resilient than expected, but remains under pressure from weak growth, trade uncertainty and rising borrowing costs.
โ๐๐๐๐ฎโ๐ง๐ ๐๐จ๐จ๐ช๐ข๐๐ฃ๐ ๐ฌ๐ ๐๐๐ฃ ๐๐๐ฉ ๐๐ง๐ค๐ฌ๐ฉ๐ ๐ช๐ฅ ๐ฉ๐ค 2%. ๐๐๐๐ง๐ ๐๐จ ๐ฉ๐๐๐ฉ ๐๐ค๐ข๐๐ฃ๐ ๐๐ง๐ค๐ข? ๐๐ฃ๐ซ๐๐จ๐ฉ๐ข๐๐ฃ๐ฉ. ๐๐ ๐ฃ๐๐๐ ๐ฉ๐ค ๐๐ ๐๐๐ก๐ ๐ฉ๐ค ๐๐ค๐ฃ๐ฃ๐๐๐ฉ ๐ฉ๐๐ ๐๐ค๐ฉ๐จ.โ โ Kevin Page
They unpack the Bank of Canadaโs latest rate increase; what rising 10-year bond yields in Canada and abroad really mean for everyday Canadians and governments; and how growing public- and private-sector borrowing can ultimately affect everything from government debt charges to mortgages and car loans.
โ๐๐ค๐ซ๐๐ง๐ฃ๐ข๐๐ฃ๐ฉ๐จ ๐๐ง๐ ๐ฅ๐๐ฎ๐๐ฃ๐ ๐ข๐ค๐ง๐, ๐๐ช๐ฉ ๐ฉ๐๐๐ฃ ๐ฌ๐ ๐จ๐ฉ๐๐ง๐ฉ ๐ฉ๐ค ๐ฅ๐๐ฎ ๐ข๐ค๐ง๐.โ โ Sahir Khan
IFSD's three Parliamentary Budget Office veterans dig into Canadaโs fiscal room as public debt charges take up more of every dollar of government revenue. That means greater competition for government spending as pressures persist around health care, trade and affordability, while Canadaโs defence commitments continue to grow.
And looming over the discussion is an even bigger question:
How can Canada turn its investment ambition into shovels in the ground, jobs and economic growth?
With growth forecasts depending on stronger business investment, what will governments need to do to get private capital off the sidelines and build investor confidence?
โ๐ ๐ฉ๐๐๐ฃ๐ ๐ฉ๐๐ ๐๐๐๐๐๐จ๐ฉ ๐ง๐๐จ๐ ๐ฉ๐ค ๐ข๐ ๐๐จ ๐ฉ๐๐ ๐ช๐ฃ๐๐๐ง๐ฉ๐๐๐ฃ๐ฉ๐ฎ ๐ฉ๐๐๐ฉ ๐๐จ ๐จ๐ฉ๐ค๐ฅ๐ฅ๐๐ฃ๐ ๐ฅ๐ง๐๐ซ๐๐ฉ๐ ๐จ๐๐๐ฉ๐ค๐ง ๐๐ง๐ค๐ข ๐๐ฃ๐ซ๐๐จ๐ฉ๐๐ฃ๐.โ โ Mostafa Askari
To open the episode, we have a special one-on-one interview as Kevin Page sits down with University of Ottawa economics student Abigail Sampson. Abigail talks about the Policy Magazine articles she has co-authored with Kevin and brings a fresh, younger perspective on the economy, rising debt charges and the fiscal choices her generation may inherit.
โ๐๐๐ ๐ฌ๐๐ฉ๐๐ง ๐๐จ ๐ฌ๐๐ง๐ข, ๐๐ช๐ฉ ๐๐ฉโ๐จ ๐ฃ๐ค๐ฉ ๐๐ค๐๐ก๐๐ฃ๐ ๐ฎ๐๐ฉ.โ โ Abigail Sampson
Coming early next week:
Part II of our pre-budget primer โ IFSD's โsecret decoder ringโ for what to expect from Budget 2026 and how to understand what lies beneath the headline numbers.