Carney says if all goes to plan, he could balance Canada budget in 4 or 5 years

Canada’s Prime Minister Mark Carney campaigns in Trois-Rivieres
Canada's Prime Minister Mark Carney delivers remarks at Marmen Inc., a steel fabrication and machining company, during his Liberal Party election campaign tour in Trois-Rivieres, Quebec Canada April 22, 2025. REUTERS/Carlos Osorio
Source: REUTERS

Canada Prime Minister Mark Carney on Tuesday said if his Liberals won an April 28 election and all went to plan, it would be realistic to expect the budget to return to surplus in four or five years' time.

Carney released his economic plan on Saturday but made no mention of a return to surplus. Asked by reporters in Quebec why that was the case, he replied "because we have to be prudent when we're presenting numbers".

This article was produced by Reuters news agency. It has not been edited by Global South World.

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