What to look out for in the 2025 federal budget

Today, Finance Minister François-Philippe Champagne is set to deliver the first budget under Prime Minister Mark Carney. Early announcements have signalled sweeping cuts to the public sector. There’s no guarantee that the budget will pass, given Carney is presiding over a minority government. The NDP has said they wouldn’t rule out abstaining from the budget vote; for his part, Carney has said he’s ready to fight another election campaign if it comes down to that.But beneath all the politics surrounding the budget are actual policies and plans for the government. It’s the job of the Parliamentary Budget Officer, or PBO, to provide non-partisan analysis of these plans to parliamentarians – does the math add up? Are these predictions sound? Today on the show, Yves Giroux, who was the PBO from 2018 until early September this year, is here to walk us through what to watch for when the budget drops later today.Questions? Comments? Ideas? Email us at [email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.