Canada's spring fiscal update shows a lower deficit. The revenue driving that improvement comes largely from higher energy prices. Jamie Ellerton and Lindsay Broadhead track the contradiction: a decade of policy aimed at limiting energy investment, followed by a fiscal win nobody wants to attribute to energy.

The sovereign wealth fund announcement lands in that context. Norway's version was built on oil surpluses too large to spend domestically. Canada's version is deficit financed. Ellerton flags the structural problem: the P3 model this fund resembles has repeatedly left taxpayers holding the risk while private investors take the upside.

King Charles addressed U.S. Congress. Both guests noted a measurable shift in Trump's tone in the room.

Topics: Canada sovereign wealth fund, spring fiscal update, Canadian energy revenues, P3 model Canada, King Charles Congress

GUEST: Lindsay Broadhead | http://broadheadcomms.ca
GUEST: Jamie Ellerton | http://conaptus.com

Originally aired on 2026-04-29

Canada's spring fiscal update shows a lower deficit. The revenue driving that improvement comes largely from higher energy prices. Jamie Ellerton and Lindsay Broadhead track the contradiction: a decade of policy aimed at limiting energy investment, followed by a fiscal win nobody wants to attribute to energy.
The sovereign wealth fund announcement lands in that context. Norway's version was built on oil surpluses too large to spend domestically. Canada's version is deficit financed. Ellerton flags the structural problem: the P3 model this fund resembles has repeatedly left taxpayers holding the risk while private investors take the upside.
King Charles addressed U.S. Congress. Both guests noted a measurable shift in Trump's tone in the room.
Topics: Canada sovereign wealth fund, spring fiscal update, Canadian energy revenues, P3 model Canada, King Charles Congress
GUEST: Lindsay Broadhead |<a href="http://broadheadcomms.ca"> http://broadheadcomms.ca </a>GUEST: Jamie Ellerton |<a href="http://conaptus.com"> http://conaptus.com</a>
Originally aired on&nbsp;2026-04-29

Shane Hewitt & The Nightshift is your late-night companion for real talk, bold ideas, and unfiltered conversations that matter. Hosted by Canadian radio veteran Shane Hewitt, each episode dives into the headlines, human stories, and hidden truths shaping our world—always with curiosity, compassion, and a sharp edge.

From politics and pop culture to mental health, technology, and everyday life, this podcast is where night owls, deep thinkers, and curious minds come to connect. Featuring expert guests, passionate callers, and Shane’s signature style—thoughtful, fearless, and refreshingly real.

If you crave meaningful dialogue, smart perspectives, and late-night radio energy in podcast form, subscribe now and join The Nightshift.

Shane Hewitt &amp; The Nightshift is your late-night companion for real talk, bold ideas, and unfiltered conversations that matter. Hosted by Canadian radio veteran Shane Hewitt, each episode dives into the headlines, human stories, and hidden truths shaping our world&mdash;always with curiosity, compassion, and a sharp edge.
From politics and pop culture to mental health, technology, and everyday life, this podcast is where night owls, deep thinkers, and curious minds come to connect. Featuring expert guests, passionate callers, and Shane&rsquo;s signature style&mdash;thoughtful, fearless, and refreshingly real.
If you crave meaningful dialogue, smart perspectives, and late-night radio energy in podcast form, subscribe now and join The Nightshift.

Shane Hewitt and The Nightshift

Shane Hewitt is known for his engaging and relatable on-air personality, which captivates listeners. His ability to blend insightful commentary with humour and empathy creates a genuine connection with listeners.  Shane Hewitt and the Night Shift provides relatable content, informative discussions and expert insights – along with a balance of anecdotes and entertainment.

Shane Hewitt is known for his engaging and relatable on-air personality, which captivates listeners. His ability to blend insightful commentary with humour and empathy creates a genuine connection with listeners.  Shane Hewitt and the Night Shift provides relatable content, informative discussions and expert insights – along with a balance of anecdotes and entertainment.