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Prime minister mark carney’s liberal government delivered its first budget tuesday, promising “a new era of leadership and a new economic foundation.” From key funding programs to significant tax changes, you can read or listen to our expert commentary on recently announced budget measures. 4, 2025, entitled “building canada strong,” against a backdrop of a moderate economic slowdown, trade tensions and geopolitical uncertainty

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The budget plans to build, protect and empower canadians through strategic investments in housing, infrastructure. In budget 2023, the government announced that it would be “refocusing government spending to deliver for canadians” Those generational investments in carney's budget would boost the federal government's spending and canada's ballooning deficit

David akin has more on the potential price tag.

The government has promised just that with big spending to promote public and private capital formation, while reducing current expenses Still fiscal space is not unlimited, and any negative shock could limit it further.