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Experts: Prime Minister Mark Carney to present first budget

Canadian Parliament
Image by Getty images.
Published: 28 October 2025

On Nov. 4, Canadian Prime Minister Mark Carney will present his government’s first budget. Carney leads a Liberal minority government, so for the budget to pass he will need to garner support from some members of other parties. Budget votes are confidence votes, meaning that defeat of the budget could trigger new elections.

These Âé¶¹´«Ã½ÍøÕ¾ experts are available to comment:

Vivek Astvansh, Associate Professor, Desautels Faculty of Management, can comment on how the federal government's budgeting for industries has been adversely affected by U.S. tariffs.

vivek.astvansh [at] mcgill.ca (English)

Leonardo Baccini, Professor of International Political Economy, Department of Political Science, Associate member, Department of Economics can speak about the link between elections and trade, trade agreements, foreign investment and geopolitics.

leonardo.baccini [at] mcgill.ca  (English, Italian)

Daniel Béland, James Âé¶¹´«Ã½ÍøÕ¾ Professor, Department of Political Science, Director of the Âé¶¹´«Ã½ÍøÕ¾ Institute for the Study of Canada (MISC) can speak about fiscal federalism and about the political process of getting the votes needed to pass the budget (and the fact that it is a confidence vote).

Daniel.beland [at] mcgill.ca (English, French)

Preetika Joshi, Assistant Professor, Desautels Faculty of Management can speak about corporate taxation, tax avoidance, tax policy, domestic tax and tax planning by multinational corporations.

preetika.joshi [at] mcgill.ca (English)

Julian Karaguesian, Faculty Lecturer, Department of Economics can speak about the Carney’s nation-building projects and other structural and innovation policies and productivity; Carney himself, with whom he worked for several years; industrial policy; international trade and tariff policy; the Canadian economy; federal and provincial budgets; Canada-U.S. relations; international macroeconomic policy; and several other economic topics.

Julian.karaguesian [at] mcgill.ca (English, French, German)

Christopher Ragan, Associate Professor, Director, Max Bell School of Public Policy, can speak about macroeconomics, macroeconomic policy, monetary policy, inflation, fiscal policy, budget deficits and carbon pricing.

christopher.ragan [at] mcgill.ca (English)

Saibal Ray, James Âé¶¹´«Ã½ÍøÕ¾ Professor of Supply Chain Management, Desautels Faculty of Management, has expertise in geopolitics, and can speak about competition, manufacturing strategy, outsourcing, retail operations management, supply chain issues and sustainable manufacturing.

Saibal.ray [at] mcgill.ca (English)

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