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FIRST TAKE: What Does Budget 2025 Mean For The Manufacturing Industry?

The 2025 budget projects deficits doubling last year’s level to fund a $51 billion infrastructure plan and a productivity super-deduction aimed at boosting private investment.

The long-anticipated first budget from Prime Minister Mark Carney’s Liberal government was tabled yesterday, with finance minister François-Philippe Champagne promising “generational investment.” Early reviews seem tentative, with a mix of praise and trepidation coming from both sides of the aisle. Some laud the shift in focus towards investment and competitiveness on a global scale, while others are waiting to judge the government’s execution t…

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iPhone in Canada broke the news in on Wednesday, November 5, 2025.
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