This week, Prime Minister Mark Carney shared Budget 2025: a budget that Carney says is "to build Canada strong." The budget emphasized the importance of investing over spending—but what does that really mean? 

Here to break it down is economist Jim Stanford. 

About our guest

Jim Stanford is economist and director of the Centre for Future Work, a progressive labour economics institute based in Vancouver. He has a PhD in economics from the New School for Social Research in New York, and also holds economics degrees from Cambridge University and the University of Calgary. He is the author of Economics for Everyone, which has been translated into six languages.

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