Prime Minister Mark Carney’s first federal budget takes a big swing at making Canada’s economy a more attractive place to invest with billions of dollars for infrastructure and new tax opportunities for business.
Finance Minister François-Philippe Champagne tabled the long-anticipated budget in the House of Commons on Tuesday afternoon. He said it’s time for “bold and swift action” to build Canada’s economy for an uncertain future.
“There is no place for withdrawal, ambiguity or even standing still,” Champagne said in French in his budget speech.
Opposition parties largely panned the federal budget in early reactions Tuesday, creating a political challenge for Carney’s minority Liberals.
Here are some scenes from budget day on Parliament Hill.
This report by The Canadian Press was first published Nov. 5, 2025.
The Canadian Press
