On November 4, François-Philippe Champagne described the 2025 federal budget as “generational.” In doing so, the finance minister offered a rare example of plausible political hype, without the usual hyperbole.
The challenges facing Canada are profound, and Prime Minister Mark Carney’s government has responded with a massive surge in military spending and a suite of significant investments in housing, infrastructure and AI — investments only partially offset by widespread cuts to other areas.
