Inside Canada’s 2025 Budget Shake-Up
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Inside Canada’s 2025 Budget Shake-Up
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Welcome back! Today, we’re talking about Canada’s 2025 federal budget, called “Canada Strong”. The government, led by Prime Minister Mark Carney, is planning a large deficit to kickstart long-term growth and attract over a trillion dollars in public and private investment.
The plan includes big tax breaks for businesses, new funding for technology and clean energy, and record spending on defence and infrastructure. However, it also means major cuts about 40,000 federal jobs could disappear over the next few years.
Business leaders like the direction, saying it finally supports investment and innovation. Nonetheless, unions are warning that the cuts will hurt workers and public services. Also, the budget might not even pass without help from other parties, which could trigger an election.
We’ll break it all down: the big promises, the risks, and what this could mean for Canada’s economy and workers.
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