The spring fiscal update is being celebrated. Canada’s deficit is down $11 billion. Oil prices are up. The host is not celebrating.

Growing up in Fort McMurray and working in the oil upgraders gives a specific lens on coverage that credits an oil-driven windfall while avoiding the word oil. The same media landscape that spent a decade framing Canadian energy as a liability is now quietly folding oil revenue into a good news story without naming it clearly.

The host’s discomfort is not about the number. It is about what the number reveals: Canada had this asset the whole time.

Topics: Canadian energy policy, spring fiscal update, oil revenues, Fort McMurray, cost of living Canada

Originally aired on2026-04-29