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Canada’s Prime Minister Mark Carney has given Canadians a warning that the October budget is going to be a serious one. Speaking on Thursday, he said that the country is living through difficult times and that the government cannot afford to spend freely. According to him, some tough choices will have to be made now so that the future feels more secure and stable for everyone.
He spoke about this at a Liberal Party meeting in Edmonton, which was broadcast on television. Carney kept stressing one main idea. He wants the government to be careful with money. He believes that when the government spends less, Canadians will have more freedom to put their own money into things that matter to them, like businesses, homes, education, or savings.
Carney repeated his line more than once, almost as if he wanted people to really take it in. He said that the fall budget will spend less so Canadians can invest more. By saying this, he was pointing towards a shift in how the government plans to manage money. Instead of putting more into the national budget, the focus will be on letting people and communities take the lead in building growth.
Even though he didn’t share the exact details of what will be cut or changed, the message was clear. Canadians should expect a tighter budget. It will likely mean reduced government programs or stricter rules on spending, but Carney framed it as a sacrifice for long-term benefit. He gave the sense that the government is ready to take a disciplined path, even if it feels uncomfortable right now, because it could set the stage for a stronger economy in the years ahead.