2025 federal budget

The newly re-elected federal minority Liberal government has indicated that it will present a 2025 fall budget.

Moderating inflation hasn't fully eased Canadians’ cost-of-living concerns or housing affordability challenges, and US trade and tariff policies are fuelling economic uncertainty. Simultaneously, business leaders are tackling productivity challenges while pursuing emerging opportunities, such as establishing Canada as a leading global supplier of critical minerals. The new federal government must manage these and other priorities while also navigating increased pressure to control costs. The annual budget represents the government’s economic plan on how it will prioritize its investments to help support Canadians.

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2025 provincial and territorial budgets

The release dates for provincial and territorial budgets are noted. If the budget announces significant tax measures, we will also prepare a Tax Insights publication to summarize them.