Budget 2025 – Generational Spending: MP Motz

Posted on November 20, 2025 by Ryan Dahlman

The Carney Liberals promoted Budget 2025 as a “generational investment” however in reality, it under-delivered by burying Canadians with massively increased debt today and for generations to come. 

Earlier this fall, my office surveyed constituents about their priorities and expectations for Budget 2025. An overwhelming 76 per cent of respondents indicated the cost of living as their top concern, while nearly 80 per cent of business owners said rising costs are hurting their operations. Interestingly, 88 per cent of respondents said they do not believe Canada’s economic situation will improve in the next year. Sadly, with the resulting budget, they are correct. 

Conservative MPs from across the country heard similar worries from their constituents, which were shared directly with the prime minister during pre-budget meetings. We offered a clear, common-sense plan to deliver an affordable, responsible budget to Canadians. Conservatives demanded the Liberals include measures in their budget to address the cost-of-living crisis by scrapping hidden taxes on food and fuel, cutting taxes on work and homebuilding, and ending reckless deficits that only feed inflation.

Back in September, Prime Minister Carney advised Canadians that the upcoming budget would include “austerity measures” because, as he conveyed, “the previous Liberal government’s unrestrained decade of overspending was unsustainable.” However, even with the current economic crisis Canadians are experiencing, Budget 2025 adds nearly $80 billion to our national debt this fiscal year alone – the highest in Canadian history outside of COVID – while retaining the Liberal taxes on groceries, work, energy and homebuilding. Under Prime Minister Carney the national debt is now at $1.35 trillion, and he intends to add another $321.7 billion to that debt over the next five years! This budget adds $10 million to our debt every hour. What this means is that every single Canadian currently owes $33,000 as their share of the national debt – and it keeps rising. The interest on that debt will be $55.6 billion this fiscal year alone – more than federal health transfers ($54.7 billion) or GST revenue ($54.4 billion). That amounts to $3,360 per Canadian household or $1,350 per individual.  

Many of the country’s economic experts, including TD Bank’s chief economist Don Drummond, a former top executive with Department of Finance Canada, have openly expressed Budget 2025 “is definitely not an austerity budget.” This concept was reiterated by Montreal Economic Institute economist Emmanuelle Faubert, who viewed this budget “as spending not austerity”.

It appears the Liberals do not understand that every dollar they spend comes out of the pockets of hardworking Canadians. Constituents are demanding this government STOP its reckless spending, which drives up the cost of everything. 

Therefore, on behalf of all the Canadians who can no longer afford to eat, heat or house themselves because of Liberal inflation, Conservatives will not support this costly budget as it currently stands. We will however, put forward an amendment that restores affordability by boosting take-home pay; getting rid of the industrial carbon tax; cutting the wasteful spending to bring down debt, inflation and taxes; opening our country up to opportunity; and reducing bureaucracy. Conservatives call on the prime minister to work with us to support a positive, hopeful, and affordable future for Canadians. 

Glen Motz, Medicine Hat-Cardston-Warner MP