
Prime Minister Mark Carney speaks at the Canadian Club Toronto in Toronto, on Nov. 7, 2025. The Canadian Press/Nathan Denette
Prime Minister Mark Carney defended increasing the debt burden with his fiscal plan, saying the greater risk to the economy is sluggish growth.
“Our risk is the economy doesn’t grow fast enough,” Carney told a business audience at an event in Toronto on Nov. 7. “In other words, we don’t get the productivity up, and that’s what gradually gets you into a more difficult debt.”


