Liberal Fall Economic Statement Replaces 2025 Budget Filing

Wednesday, May 14, 2025, 2:21 pm

The government has ditched the traditional 2025 budget in favor of a detailed fall economic update. Officials are pivoting from comprehensive fiscal planning to a more piecemeal approach, sparking debates as critics wonder whether this is an innovative strategy or a subtle tactic to dodge tough questions.

theglobeandmail.com / Liberals plan fall economic statement but no budget this spring

Finance Minister Francois-Philippe Champagne says the Liberal government plans to fast track its middle class tax cut, but won't have a regular spring budget. Canadian Press reporter David Baxter reports on the first Liberal cabinet meeting since the federal election. (May 14, 2025)

globalnews.ca / What Liberals are planning for federal budget, ‘middle-class tax cut’

Finance Minister François-Philippe Champagne said the government's first priority will be to pass what the Liberals are calling a "middle-class tax cut" by July 1.

nationalpost.com / Finance minister says no 2025 budget, while government focuses on fall update

In December, a House committee tabled a 330-page report on the fruit of its 2025 budget consultations

thestar.com / Liberals planning for a fall economic statement but no budget just yet

OTTAWA - Finance Minister François-Philippe Champagne says the Liberal government will not table a budget when Parliament returns in the coming weeks but will instead put forward a fall economic statement.

permalink / 4 stories from sources in 2 days ago #federal #finance #budget #liberals

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Liberal Fall Economic Statement Replaces 2025 Budget Filing

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