The budget that Canada should really be worried about

On Feb. 11, Finance Minister Jim Flaherty will deliver the 2014 federal budget. An early budget with little expected in the manner of new commitments or funding, this budget is being called a bridge towards Flaherty’s promise of a deficit free budget in 2015. Even in the unlikely event that Flaherty can make good on that promise, Canada should be more worried about another budget — our ever-shrinking carbon budget. With drastic implications for the planet and the economic stability of important public institutions, balancing Canada’s carbon budget is a test that politicians are failing.

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