The Peace Tower on Parliament Hill in Ottawa is seen through the fall leaves. The Liberal government is set to release its budget on Nov. 4. Photo by Sean Kilpatrick / The Canadian Press

Peter MacKay, former Conservative foreign affairs minister, talks with Financial Post’s Larysa Harapyn about the upcoming Nov. 4 federal budget , the change in the release schedule to the fall from the spring and the “eye-watering” spending that has already been announced by Mark Carney ‘s Liberal government.

• Email: lharapyn@postmedia.com

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