November 3, 2025
RED FM News Desk
Finance Minister François-Philippe Champagne says Canadians can expect “no surprises” when he tables the federal budget on Tuesday — but promises it will deliver “generational investments” aimed at strengthening the country’s future.
Speaking Monday in Saint-Tite, Que., Champagne said the budget will include “something for every Canadian.”
“We’re moving from reliance to resilience, from uncertainty to prosperity,” he said. “We’re going to do the kind of things that will make this country stronger, and everyone will see themselves in that budget.”
The finance minister added that the plan should win support from across party lines: “That’s why I would expect the opposition parties to be supportive.”
The budget — Prime Minister Mark Carney’s first since taking office — is expected to focus on boosting investment and reducing Canada’s dependence on trade with an increasingly protectionist United States under President Donald Trump.
With a minority government, Carney’s Liberals will need support or abstentions from opposition MPs to pass the budget and avoid triggering an early election. The government is currently three votes short of a majority.
Opposition parties have already outlined their conditions for backing the fiscal plan. On Sunday, Conservative Leader Pierre Poilievre said his party could support an “affordable” budget — a signal that affordability measures will be key to securing Conservative cooperation.
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