OTTAWA — With the Mark Carney government set to release its first budget on Tuesday, what’s should we look for?

Budgets are often used as opportunities by governments to unveil new policy or further election promises, but Franco Terrazzano, of the Canadian Taxpayers Federation, said the entire document can be distilled down to three key points: debt, interest charges and spending.

Debt, Terrazzano said, is the number one indicator anyone should look for in a budget.

“Ignore the noise, ignore the complexity of one budget over another budget — just look at how fast is the debt going up,” he said.

According to the Parliamentary Budget Officer, Canada’s annual borrowing will add around $255 billion to Canada’s debt over the next four years, according to the PBO.

According to the most rece

See Full Page