
Conservative Leader Pierre Poilievre delivers his response to the federal budget in the House of Commons on Parliament Hill in Ottawa on Nov. 4, 2025. The Canadian Press/Sean Kilpatrick
The Conservatives and the Bloc Québécois say they won’t support the 2025 budget presented by the Liberal government on Nov. 4, while the NDP says it will study and consult further before making a decision.
Federal Finance Minister François-Philippe Champagne tabled the first budget under Prime Minister Mark Carney, projecting a deficit of $78.3 billion this fiscal year and a rising debt-to-GDP ratio that will stabilize over the next few years.











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