2025 Canadian federal budget

2025 budget of the Canadian federal government
Submitted toHouse of Commons
PresentedNovember 4, 2025
PassedNovember 17, 2025
CountryCanada
Parliament45th
PartyLiberal
Finance ministerFrançois-Philippe Champagne
Total revenueTBA
Total expendituresCA$486.9 billion (projected)
DeficitCA$78.3 billion (projected)
GDPTBA
WebsiteBudget 2025
‹ 2024
2026›

The 2025 Canadian federal budget for the fiscal years of 2025–26, known as Budget 2025, was presented to the House of Commons by Finance Minister François-Philippe Champagne on November 4, 2025. The budget's slogan is "Canada Strong" which was also the Liberal Party's slogan in the 2025 federal election. This was the first budget presented under the premiership of Mark Carney, the 30th Canadian Ministry, and Champagne as finance minister. It was passed by the House on November 17.