Breaking

A $232-billion budget hangover

And everyone's talking about Nate Erskine-Smith.
Ahmad Elbayoumi
May 16, 2025

THE LEDE

The treasurer tabled the budget. “It’s like Christmas in Toronto and Ontario. Everyone has got their budget,” he said.

The budget is out — and it’s bleeding red ink. We have the highlights and the reaction. But before we dig in, everyone’s talking about Nate Erskine-Smith.

Shut out of cabinet, could Erskine-Smith pose a threat to Bonnie Crombie’s leadership?

The ex-leadership contender lost his cabinet post on Monday, replaced by former Vancouver mayor Gregor Robertson

What he said: “I ran again because of the opportunity to make an even bigger difference around the cabinet table and to help fix the housing crisis,” he wrote in a Substack post. “The way it played out doesn’t sit right and it’s impossible not to feel disrespected.”

What he didn’t say: Erskine-Smith — who shelved his plan to exit federal politics — is staying coy: “You never know what the future holds.” 

For the most part, on the question of Crombie’s leadership, it’s been crickets lately. But for some discontented Liberals, the snub has reignited the conversation about a post-Bonnie Crombie alternative, with a leadership review set to take place in the fall. 

THE LEDE

The treasurer tabled the budget. “It’s like Christmas in Toronto and Ontario. Everyone has got their budget,” he said.

The budget is out — and it’s bleeding red ink. We have the highlights and the reaction. But before we dig in, everyone’s talking about Nate Erskine-Smith.

Shut out of cabinet, could Erskine-Smith pose a threat to Bonnie Crombie’s leadership?

The ex-leadership contender lost his cabinet post on Monday, replaced by former Vancouver mayor Gregor Robertson

What he said: “I ran again because of the opportunity to make an even bigger difference around the cabinet table and to help fix the housing crisis,” he wrote in a Substack post. “The way it played out doesn’t sit right and it’s impossible not to feel disrespected.”

What he didn’t say: Erskine-Smith — who shelved his plan to exit federal politics — is staying coy: “You never know what the future holds.” 

For the most part, on the question of Crombie’s leadership, it’s been crickets lately. But for some discontented Liberals, the snub has reignited the conversation about a post-Bonnie Crombie alternative, with a leadership review set to take place in the fall.