The government’s deficit in 2025-26 was lower by $11.4-billion than anticipated in Budget 2025, partly because of better government revenues impacted by higher oil prices.
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Two Liberal MPs—Terry Beech from British Columbia, and Peter Fragiskatos from Ontario—spent the most at over $150,000 each.
Both Prime Minister Mark Carney and Canada-U.S. Relations Minister Dominic LeBlanc have conflict-of-interest screens in place.
By the end of 2025, the minority Liberals only managed two pass two substantive pieces of legislation—C-3 on citizenship rules and C-5, the One Canadian Economy Act—and three supply bills.
