Rudyard Griffiths and Sean Speer discuss Conservative Party leader Pierre Poilievre's recent letter highlighting a $42 billion federal deficit benchmark for the upcoming November 4th budget. They argue that this position represents a fundamental shift where the Conservative Party has now accepted the former Trudeau government's deficit spending levels as the new baseline, effectively abandoning the balanced budget consensus that once dominated Canadian politics. They discuss the economic consequences of normalized deficit spending, and warn that Canada risks following the path of France and the UK, where unsustainable fiscal policies have forced painful austerity measures or tax increases.

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CREDITS:

Producer - Amal Attar-Guzman

Elia Gross - Sound Editor

Sean Speer and Rudyard Griffiths - Hosts

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