Copilot:
Canada, November 4 2025; when will we know what is in the budget?
The 2025 Canadian federal budget will be tabled in the House of Commons at approximately 4 p.m. Eastern Time on Tuesday, November 4, 2025. Full details will be publicly available shortly after that.
Here’s what to expect:
🕓 Timing: Finance Minister François-Philippe Champagne will present the budget just after the close of financial markets, around 4 p.m. ET.
📜 Content: The budget will outline the government’s spending priorities, fiscal strategy, and policy initiatives for 2025–2026. It’s expected to include generational investments in housing, infrastructure, and economic resilience, alongside fiscal discipline measures.
🧮 Deficit and Cuts: One of the biggest unknowns is the size of the deficit and the depth of expected spending cuts, which the government has framed as necessary sacrifices in a time of global economic uncertainty.
🏛️ Political Significance: This is Prime Minister Mark Carney’s first budget, and it carries extra weight due to the minority government status. A budget vote is considered a confidence motion, meaning it could trigger an election if not supported.
🧭 Linked Releases: For the first time, the Immigration Levels Plan will be released alongside the budget, reflecting the close ties between immigration, housing, and economic growth.
If you're watching from Québec, expect French-language coverage to follow shortly after the tabling. Let me know if you'd like a summary or breakdown once the budget is released later today.
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Look who's meddling: Basically, we're pretty good about avoiding trade barriers but on
Supply Management, we seem stuck. That is the view put forward by the OECD (OCDE)!
Below:
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