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Home Canadian news feed

Carney government to table first budget on Nov. 4

Sarah Taylor by Sarah Taylor
September 16, 2025
in Canadian news feed
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Carney government to table first budget on Nov. 4
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The Liberal government will table the federal budget — the first under Prime Minister Mark Carney — in early November.

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During Tuesday’s question period, Finance Minister François-Philippe Champagne said the federal finances will be introduced on Nov. 4.

The early November date is later than the government had initially indicated. A number of ministers had said in recent days that the budget would come in October.

Just Monday morning, government House leader Steven MacKinnon indicated the budget would be brought forward next month during a news conference laying out the Liberals’ fall agenda.

Carney’s 1st budget expected to include ‘substantial’ deficit

“The Minister of Finance, Mr. Champagne, will present a budget in October. I will not go into the details of what to expect. The prime minister and the minister of finance have both emphasized the importance of this budget,” MacKinnon said.

Federal budgets are usually tabled in the early spring, but the Liberals pushed it to the fall because the House only sat for a few weeks in the spring following April’s election.

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