Liberal budget's economic outlook not 'realistic at all': economist | Power & Politics

CBC News November 8, 2025
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C.D. Howe fellow-in-residence Don Drummond says the economic forecast in the Liberal budget effectively says to 'don't worry, be happy' despite the impacts of a U.S. trade war, suggesting a rebound in growth and employment in just a couple of years. Drummond argues that the measures in the budget fall short of the Liberals' 'transformational' promise and aren't enough to change ongoing struggles with business investment.  For breaking news, video, audio and in-depth coverage: https://www.cbc.ca/news Follow CBC News on TikTok: https://www.tiktok.com/@cbcnews Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app for Android: http://bit.ly/1XxuozZ »»»»»»»»»»»»»»»»»» For more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.

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