The Liberals’ new budget doesn’t come with the hefty price tag of last year’s plan for pandemic recovery. But it isn’t thrifty either, pledging about $31.2 billion in net new spending over the next five years — mainly for housing, defence, and climate change.

Today, CBC’s host of Power and Politics Vassy Kapelos joins us to break down the big-ticket items in the government's new spending plan, and look at whether it will help make life more affordable for Canadians.