Munk Dialogue with Andrew Coyne: an uninspiring budget and Carney’s government inches closer to a majority

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After weeks of hype Mark Carney’s government presented a disappointing traditional Liberal big spending budget. While there are incremental measures to promote economic growth, they are not in the order of what this country needs, and in a few years we are going to be borrowing money just to pay the interest on our debt. Andrew offers a charitable take: we are in an immediate crisis, and Mark Carney decided to implement an interventionist budget in the short term to ride out the Trump craziness. Regardless, this was a missed opportunity to introduce radical tax and competition reform that is badly needed to jumpstart our economy. In the second half of the show Rudyard and Andrew assess the political fallout from the budget, specifically a Conservative MP crossing the floor to the Liberals and rumours that others are set to follow suit. Could Mark Carney soon have a majority government? And why are MPs not talking to their constituents before crossing party lines?