Peter Armstrong

This week, Peter Armstrong, a CBC economics reporter, dives into food inflation in Canada, revealing the shocking price hikes impacting everyday groceries. Cameron McIntosh discusses the tragic deaths of filmmaker Rob Reiner and his wife, highlighting his iconic career. Paul Hunter details a foiled terror plot in Los Angeles, raising security concerns. Thomas Dagg sheds light on increased safety measures for Jewish Canadians following a mass shooting at Bondi Beach, igniting discussions about extremism and gun control.

Join Peter Armstrong, CBC's senior business reporter, Armin Yalnysian, an economist focusing on workers' futures, and Trevor Toome, an economics professor, as they dissect Canada's growing debt. They explore what a government deficit really means, compare Canada's fiscal health with other nations, and delve into the budget's investment strategy amid trade tensions. The guests debate the implications of abandoning traditional fiscal anchors and the risks of rapid budget cuts, raising questions about the burden on future generations.

Peter Armstrong, CBC's Senior Business Correspondent, delves into the implications of the federal budget. He discusses the alarming $78 billion deficit and the $70 billion allocated for defense and infrastructure. Armstrong highlights the government's shift towards capital projects and corporate investment, assessing the potential risks of recession. He also examines tax incentives aimed at boosting productivity and critiques the long timeline for industrial strategy benefits. The insights into how these changes will affect various sectors make for a compelling listen.