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Headline Politics
Public Service Unions Respond to Federal Budget – November 5, 2025
Leaders from Canada’s public service unions hold a news conference in Ottawa to respond to yesterday’s federal budget. In attendance are Nathan Prier (president of the Canadian Association of Professional Employees), Larry Rousseau (executive vice-president of the Canadian Labour Congress), Sharon DeSousa (national president of the Public Service Alliance of Canada), Alex Silas (national executive vice-president of the Public Service Alliance of Canada), Sean O’Reilly (president of the Professional Institute of the Public Service of Canada), and Vivian Funk (vice-president of health and safety at the Association of Justice Counsel). (no interpretation)
‘Generation Squeeze’ Responds to Federal Budget – November 5, 2025
Paul Kershaw, founder of the advocacy group ‘Generation Squeeze’, holds a news conference in Ottawa to share his organization’s response to the federal budget. Kershaw has previously called on the Carney government to slow the growth in Old Age Security (OAS) benefits for seniors, which he claims is driving up the deficit. (no interpretation)
PM Carney Highlights Budget Investments in Infrastructure – November 5, 2025
One day after the tabling of his government’s first federal budget, Prime Minister Mark Carney visits a public transit yard in Ottawa and takes questions from reporters. He highlights the budget’s Build Communities Strong Fund, which he says will invest $51 billion in local infrastructure over ten years. Accompanying the prime minister is David McGuinty, the national defence minister and Ottawa-area MP, and Chris D’Entremont, the Nova Scotia MP who yesterday resigned from the Conservative caucus to join the Liberals. (no interpretation)
L'Essentiel
November 4, 2025
Finance Minister François-Philippe Champagne today presented his first budget, a roadmap that promises generational investments to meet the challenges of our time. The budget provides for $280 billion in new capital investments over five years, including $25 billion for housing, $30 billion for defense and security, $115 billion for infrastructure, and $110 billion to stimulate productivity and growth. Our reporter Rémi Authier spent the day behind closed doors scrutinizing the documents. To discuss the main thrust of this budget and see whether the government has the support it needs to get it passed, Marc-André Cossette welcomes Finance Minister François-Philippe Champagne. For his part, Bloc Québécois leader Yves-François Blanchet said he found it difficult to see how his party could support the budget and the deficit of more than $78 billion it forecasts, suggesting that the budget tabled by Mr. Champagne could have been signed by Mr. Harper. To discuss this, Marc-André Cossette welcomes Jean-Denis Garon, Bloc Québécois spokesperson on finance. This budget comes at a time when the Canadian economy is facing several headwinds. But to what extent does it give Canada the means to overcome these obstacles? And is public spending heading in the right direction? Marc-André Cossette discussed this during this afternoon's closed-door meeting with Jimmy Jean, Chief Economist at Desjardins Group. Expectations were high for this budget. So, does it meet them? And should the Carney government really expect difficulties in getting it passed? Marc-André Cossette discussed this afternoon with journalists Christopher Nardi, parliamentary reporter also at the National Post, Catherine Lévesque, parliamentary correspondent also at the National Post, and Joël-Denis Bellavance, head of the Parliamentary Bureau at La Presse.
PrimeTime Politics
Carney's First Budget – November 4, 2025
Minister of Finance François-Philippe Champagne unveiled his first budget today with a deficit of more than 78 billion dollars. In an interview with CPAC host Michael Serapio, Champagne defends the spending in his budget, saying it will make Canada more competitive than the United States. The Liberal government announced its budget today, with a deficit of over $78 billion dollars. Jasraj Singh Hallan, the Conservative finance critic believes that the budget has too much spending. "It's impossible to fathom that someone who calls himself a budget expert is going to spend more than Justin Trudeau." The Bloc Québécois is unsatisfied with the Liberals’ budget. Jean-Denis Garon, the finance critic for the BQ, saying the budget spend enough on new infrastructure and the environment.
CPAC Special
2025 Federal Budget: NDP Reaction
NDP interim leader Don Davies speaks with reporters on Parliament Hill in Ottawa following the tabling of the November 4, 2025, federal budget. (November 4, 2025) (no interpretation)
2025 Federal Budget: Bloc Québécois Reaction
Bloc Québécois Leader Yves-François Blanchet speaks with reporters on Parliament Hill in Ottawa following the tabling of the November 4, 2025, federal budget. (November 4, 2025) (no interpretation)
2025 Federal Budget: Green Party Reaction
Green Party Leader Elizabeth May speaks with reporters on Parliament Hill in Ottawa following the tabling of the November 4, 2025, federal budget. She is joined by former Green Party MP Mike Morrice. (November 4, 2025) (no interpretation)
2025 Federal Budget: Opposition Reaction
MPs speak with reporters on Parliament Hill in Ottawa following the tabling of the November 4, 2025, federal budget. (November 4, 2025) (no interpretation)
François-Philippe Champagne Delivers the Federal Budget – November 4, 2025
Finance Minister François-Philippe Champagne speaks in the House of Commons after tabling the federal budget. This is the first budget presented by Prime Minister Mark Carney’s government. Following the finance minister’s speech, Conservative Leader Pierre Poilievre delivers a response.
PM Carney and Minister Champagne Meet Before Budget Tabling
Prime Minister Mark Carney and Finance Minister François-Philippe Champagne deliver brief remarks ahead of the tabling of the federal budget in the House of Commons. This is the first budget presented by the Carney government. (November 4, 2025) (no interpretation)
2025 Federal Budget: François-Philippe Champagne Speaks with Media
At a news conference in Ottawa, Finance Minister François-Philippe Champagne discusses measures contained in the November 4, 2025, federal budget. (no interpretation)
Champagne Pledges Ambitious Budget Focused on Housing and Growth
On the eve of his first budget, Finance Minister François-Philippe Champagne breaks with tradition by making his own boots at the Boulet factory in Saint-Tite, rather than donning a new pair — a nod to the Liberal slogan, "Building Canada Strong". He promises an “investment budget” focused on housing, infrastructure, defence, and competitiveness, assuring Canadians that there is something for each party. The Carney minority government will need other parties to pass the budget. (November 3, 2025) (no interpretation)
Budget 2025
Follow CPAC on Tuesday, Nov. 4 for complete coverage of the federal budget. Finance Minister François-Philippe Champagne delivers the budget speech in the House of Commons, followed by reaction and analysis.
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