<p>In response to tariff pressures and economic weakness, Budget 2025 commits big new spending to spark private investment and reignite growth – with higher deficits and debt as a result. In this episode of the 10-Minute Take, RBC Economist Claire Fan is joined by RBC Assistant Chief Economist Cynthia Leach to discuss: </p><ul><li>Why fiscal policy is the right tool to address the weak growth outlook</li><li>How the growth agenda is central to the government’s fiscal plan</li><li>Whether the budget does enough to catalyze growth – and the execution risks that could derail it</li><li>If Canada can afford to spend big right now</li></ul><br/>

<description>&lt;p&gt;In response to tariff pressures and economic weakness, Budget 2025 commits big new spending to spark private investment and reignite growth – with higher deficits and debt as a result. In this episode of the 10-Minute Take, RBC Economist Claire Fan is joined by RBC Assistant Chief Economist Cynthia Leach to discuss: &lt;/p&gt;&lt;ul&gt;&lt;li&gt;Why fiscal policy is the right tool to address the weak growth outlook&lt;/li&gt;&lt;li&gt;How the growth agenda is central to the government’s fiscal plan&lt;/li&gt;&lt;li&gt;Whether the budget does enough to catalyze growth – and the execution risks that could derail it&lt;/li&gt;&lt;li&gt;If Canada can afford to spend big right now&lt;/li&gt;&lt;/ul&gt;&lt;br/&gt;</description>

The 10-Minute Take

Canadian Budget 2025: How should we be thinking about bigger deficits?

Canadian Budget 2025: How should we be thinking about bigger deficits?

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