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Carney Says Risk to Economy Is Not Greater Debt but Sluggish Growth

Carney Says Risk to Economy Is Not Greater Debt but Sluggish Growth

Last updated: November 8, 2025 3:48 pm
By Olivia Gomm
1 Min Read
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Carney Says Risk to Economy Is Not Greater Debt but Sluggish Growth

Prime Minister Mark Carney speaks at the Canadian Club Toronto in Toronto, on Nov. 7, 2025. The Canadian Press/Nathan Denette

Olivia Gomm

11/7/2025|Updated: 11/7/2025

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.”

Olivia Gomm

Olivia Gomm is a news reporter with the Canadian edition of The Epoch Times.

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