Feds aim to give investors ‘certainty’ in budget to put money into Canada
Global News
The budget will be the Liberals' first under Prime Minister Mark Carney and the first tabled by Finance Minister François-Philippe Champagne.
Major institutional investors are asking the federal government to give them a reason to invest more at home in the upcoming fall budget, says the Liberal MPs leading budget consultations across Canada.
The federal Liberals are in the midst of consultations on the upcoming 2025 budget. While federal budgets typically are tabled in the spring, this one is set to land during the fall session of Parliament.
The budget — which doesn’t yet have an exact release date — will be the Liberals’ first under Prime Minister Mark Carney and the first tabled by Finance Minister François-Philippe Champagne, who was appointed to that cabinet position in May.
The minister and some Liberal MPs are touring Canada to solicit feedback as part of the federal government’s typical pre-budget process.
“From our standpoint, it’s our first budget. We want to get the big things right,” said Wayne Long, MP for Saint John—Kennebecasis and secretary of state for the Canada Revenue Agency and financial institutions.
The Liberals are hosting roundtables with CEOs from various Canadian industries, heads of chambers of commerce, union leaders and First Nations groups to feed their concerns into the fall budget process.
Long has criss-crossed the country since mid-July — part of a plan to visit 45 cities and every province and territory over a two-month span.
Long said the fiscal update will be “defence-centric” and “housing-centric” — reflecting commitments from the early days of the current government — and will expand on themes laid out in the Building Canada Act passed in June.
The agency says more than 22,000 people have been removed from the country in the last 12 months, and nearly 30,000 removals were "in progress" as of Oct. 31.
A problem with the signalling system caused a service interruption this morning on Montreal's light-rail network.
An Ontario lawyer accused by American authorities of advising a Canadian Olympian-turned-alleged-cocaine kingpin has had his licence to practice law suspended.
The FIFA draw ceremony will mark the first time Prime Minister Mark Carney, U.S. President Donald Trump and Mexican President Claudia Sheinbaum will be in the same room.
A new report finds anglophones face higher unemployment and lower wages in Quebec; gaps that researchers say carry major economic consequences.
Critics are questioning the solidity of Saab's pitch to deliver 10,000 jobs in Canada if it decides to set up shop here to assemble Gripen fighter jets.
The girl’s disappearance underscores long-standing concerns about the ease with which a parent can take a child to another country without the other parent’s knowledge or consent.
Asbestos cleanup, tight work windows and other TTC delays have slowed the build out of 5G cellular service in Toronto's subway system.
Alberta's UCP government is changing the rules to make it easier for citizens to force a referendum on issues such as the prospect of the province leaving Confederation.
An at-home DNA test given as a birthday gift solved an 80-year family mystery by revealing that a man in Quebec and a man in the Netherlands were long-lost brothers.
Lina Vargas was on the board for almost two years and told Global News that accountability and transparency are fundamental rights for all community members.
Industry Minister Melanie Joly told the House of Commons committee on international trade the move breaches federal contracts tied to manufacturing in Brampton and Windsor, Ont.
A targeted home invasion and kidnapping led to a gunpoint standoff with police and an overnight chase across Toronto. Two suspects remain at large, investigators say.