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On today's episode, Darren and Christina break down the 2025 Canadian federal budget! They unpack why this so-called "once-in-a-generation" plan looks more like deficits on steroids, with a projected $78.3B deficit this year and national debt heading toward $2.9 trillion by 2029.

They dive into exploding interest costs, Ottawa's controversial net debt-to-GDP spin using CPP, and what this all means for taxes, interest rates, small business owners, and Canadian families. If you care about Canadian politics, fiscal responsibility, and building wealth in a high-tax, high-debt environment, this is a must-watch.

Show notes:

00:00 - Introduction & Budget Overview 01:10 - "Smoke and Mirrors" Budget Explained 02:28 - Deficits on Steroids & Record Spending 04:34 - Debt Explosion & Long-Term Consequences 07:03 - Interest Costs: The Silent Crisis 11:26 - Higher Rates & Government Picking Winners 13:31- Housing Promises vs. Reality 16:18 - Immigration Policy Tightening & Housing Impact 19:42 - First-Time Homebuyer Rebate Explained 21:53 - The Three Big Takeaways for Canadians 23:31 - Why Infinite Banking Matters More Than Ever 26:44 - Final Thoughts

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Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.

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