Economists urge fiscal restraint in Canadian budget despite oil windfall

Economists are calling on Prime Minister Mark Carney’s government to exercise fiscal restraint in the upcoming budget. Despite windfall oil revenues, experts warn that aggressive spending commitments could jeopardize Canada's AAA credit rating and increase national deficits. Finance Minister Francois-Philippe Champagne has signaled tax measures for small businesses, but the government faces pressure to balance affordability concerns with the need for long-term fiscal credibility amid ongoing trade tensions and rising global energy costs.