Read the full text of Canada’s 2025 federal budget from Prime Minister Mark Carney

National Post Staff / nationalpost - Read the full text of Prime Minister Mark Carney's first budget

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Additional political commentary and full-text budget details.

Canada budget 2025 in its own words

4 months / financialpost / Financial Post Staff

Saudi Investment Minister eyes opportunities in Canada in fields such as food, mining

4 months / theglobeandmail / Andrew Willis

William Watson: Trudeau or Carney — Ottawa still thinks it knows best

4 months / nationalpost / William Watson


Major defence, infrastructure, and tech investments shape national growth.

Calgary’s mayor cautiously optimistic about federal budget as more details sought

4 months / globalnews / Adam MacVicar

Provinces assess federal budget to see where infrastructure funds will flow

4 months / theglobeandmail / Justine Hunter, Temur Durrani, Laura Stone

Federal budget earmarks $6.6-billion to grow defence industry with focus on emerging tech

4 months / theglobeandmail / Pippa Norman

Kinew, Gillingham hope to get their hands on some of Ottawa’s promised $51B in infrastructure funds

4 months / winnipegfreepress / Gabrielle Piché and Nicole Buffie

Carney’s budget reveals $925.6 million plan to support ‘sovereign public AI infrastructure’

4 months / nationalpost / Stewart Lewis

Varcoe: 'All working toward a Grey Cup target' — Alberta premier hopes for deal soon with feds on major energy projects

4 months / calgaryherald / Chris Varcoe, Calgary Herald

Ottawa unveils $84-billion defence-spending boost, citing ‘dangerous and divided world’

4 months / theglobeandmail / Steven Chase

AI, quantum, IP and a global research talent raid operation get funding in federal budget

4 months / theglobeandmail / Sean Silcoff, Joe Castaldo

Ottawa plans to spend $73 billion for defence in Budget 2025

4 months / globalnews / Globalnews Digital

Health measures in federal budget include $5-billion dedicated infrastructure fund

4 months / theglobeandmail / Kristy Kirkup

‘Climate negative’: Canada’s energy transition progress stalls in first Carney budget

4 months / nationalobserver / Natasha Bulowski, Darius Snieckus

Ottawa pledges nearly $82 billion over five years to rebuild military

4 months / torontosun / Bryan Passifiume

Oil and gas trumps climate action in brutal federal budget

4 months / nationalobserver / Hadrian Mertins-Kirkwood

Budget more than doubles deficit, includes big spend on infrastructure

4 months / torontosun / Bryan Passifiume


New immigration targets reflect changing population and policy priorities.

Ottawa’s immigration plan halves international student intake

4 months / theglobeandmail / Marie Woolf

Canada freezes immigration at 380,000 and halves number of temporary residents

4 months / financialpost / Naimul Karim

Canada slashes temporary immigration targets in Budget 2025

4 months / globalnews / Uday Rana


Tax cuts, banking reforms, and critiques drive budget dynamics.

Trucking industry subject to closer scrutiny from tax authorities under new budget

4 months / theglobeandmail / Sara Mojtehedzadeh

How Budget 2025 could change how you bank, from fees to cryptocurrency

4 months / globalnews / Sean Boynton

Liberals promise ‘cost-effective’ use of gun grab cash in budget

4 months / torontosun / Bryan Passifiume

Great budget, Carney. It would be a shame if Canadians don’t get onside

4 months / theglobeandmail / David Jones

Liberals take a swing at affordability with youth jobs, tax cuts, bank fee reforms

4 months / nationalpost / National Post

Carmichael: Carney’s first budget fails to deliver a big bang despite all the big spending

4 months / thelogic / Kevin Carmichael

Canada budget 2025: Five tax changes that you need to know about

4 months / financialpost / Jamie Golombek

John Robson: Mark Carney’s deficit exploding budget is elbows up, IQs down

4 months / nationalpost / John Robson

Budget’s middle-class tax cut, easy tax filing aimed at cost-of-living crisis

4 months / torontosun / Bryan Passifiume

Canada budget 2025 offers billions in tax incentives to spur investment in economy

4 months / financialpost / Jordan Gowling

Mark Carney’s first budget deviates from the past Liberal playbook

4 months / theglobeandmail

Back to Top / Tuesday, November 4, 2025, 4:21 pm / permalink 15660 / 31 stories in 4 months




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