Finance Minister François-Philippe Champagne will deliver the new Liberal government’s first budget Tuesday that will be full of what he calls “generational investments” to spur growth and help the country weather the tariff-related economic storm.
While Champagne is the minister in charge of the file, Prime Minister Mark Carney, a former central banker, is uniquely interested in financial matters and has personally promised to present a pro-growth budget that will usher Canada into a “new era” and “define our next century.”
“We have the resources to transform our economy from one of reliance to resilience,” Carney told reporters Saturday after a nine-day swing through Asia designed to open up new markets for Canadian goods and services now that the U.S. relationship is on shaky ground.
Through a combination of funnelling public dollars into certain sectors and regulatory relief on major nation-building projects, Carney said he wants to “catalyze unprecedented investment in Canada” and build the country’s reputation as “an energy superpower,” given its huge reserves of oil and natural gas and expertise in renewables.
Champagne said Monday this budget will sketch out the Carney government's vision for the future, suggesting it will be more important than in years past given the m
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