November 4, 2025 – Ottawa, Ontario

Canada is stepping forward with confidence and care into a changing world. As global markets shift and new challenges emerge, our new government is focused on one clear goal — building a stronger, more self-reliant Canada.

Budget 2025: Canada Strong is a blueprint for resilience. It’s about creating an economy that works for Canadians — one that grows from our strengths: innovative industries, skilled workers, and diverse communities. We’re investing in the people and projects that move our country forward — from housing and infrastructure to better jobs and affordable living.

This plan focuses on what matters most — empowering Canadians to build their future here at home. We’re cutting unnecessary government costs and directing those savings into what truly counts: the workers, businesses, and infrastructure that keep our economy strong.

Budget 2025 sets the stage for over $1 trillion in investments over the next five years through smarter spending and stronger partnerships. It’s about laying the foundation for lasting prosperity — ensuring that our communities are protected, our borders secure, and our opportunities abundant.

“The global uncertainty we are facing demands bold action to secure Canada’s future. Budget 2025 is an investment budget — one that helps Canadians not just weather the storm but thrive through it. Together, we will build Canada Strong.”

— The Honourable François-Philippe Champagne, Minister of Finance and National Revenue

Quick Highlights

Canada remains one of the strongest economies in the G7, with the lowest net debt-to-GDP ratio (13.3%) and a AAA credit rating. 85% of Canada’s trade with the U.S. is tariff-free — making Canada one of the best places to invest and grow. Balanced and disciplined growth: operating spending balanced with revenues by 2028–29 and a steadily declining deficit-to-GDP ratio.

Together, we’re building an economy by Canadians, for Canadians — one that protects our way of life and empowers everyone to succeed.