# Takeaways from the Liberals’ first economic update as a majority

Page: https://stenobird.com/podcast/the-decibel-3326560/takeaways-from-the-liberals-first-economic-update-as-a-majority
Text version: https://stenobird.com/podcast/the-decibel-3326560/takeaways-from-the-liberals-first-economic-update-as-a-majority.md
Podcast: [The Decibel](https://stenobird.com/podcast/the-decibel-3326560)
Published: 2026-04-29T09:00:00+00:00
Episode link: https://www.theglobeandmail.com/podcasts/the-decibel/
Audio file: https://afp-119681-injected.calisto.simplecastaudio.com/8b638145-9d42-4003-985c-054905c039a5/episodes/48345cf8-36d0-47bf-8b7f-6c7995ad639d/audio/128/default.mp3?aid=rss_feed&awCollectionId=8b638145-9d42-4003-985c-054905c039a5&awEpisodeId=48345cf8-36d0-47bf-8b7f-6c7995ad639d&feed=TGclX98p
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Duration seconds: 1406

## Resource

The Liberals’ spring economic update lays out $54-billion in new spending over six years, including $6-billion towards boosting employment in the trades and more money for sports. The update also shows an estimated deficit of $66.9-billion for the 2025-26 fiscal year, an $11.5-billion improvement over what the government had projected in the Nov. 4 budget. Campbell Clark, The Globe’s chief political writer, joins the show to break down what the Carney government’s first piece of fiscal policy as a majority government tells us about how they’re wielding their newfound power.

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## Transcript

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