The Decibel
What to look out for in the 2025 federal budget artwork

What to look out for in the 2025 federal budget

The Decibel
23:45
Play episode

Show notes

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 thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

More from this show

More
  1. Why people are taking vacations to pick up new skills

    The demands of modern life seem to grow every day, leaving little time for people to pursue hobbies. Many Canadians are leaving vacation time unused. In light of this, a growing nu…

    18:40
  2. Navigating Canada’s fertility industry

    A growing number of Canadians are struggling with fertility, and the business helping people make babies is booming. The global fertility services market was valued at more than $2…

    30:12
  3. At its core, the Canada-U.S. trade dispute is about autos

    The auto sector is at the heart of trade discussions between Canada and the U.S. Canada’s auto sector has been hit hard over the past year with tariffs from U.S. President Donald…

    24:09
  4. Canada hits U.S. with retaliatory tariffs

    The Canada-U.S. trade war is in full effect. On Tuesday, the federal government announced retaliatory tariffs against the United States. U.S. steel, seafood, dishwashers, forks, a…

    25:57
  5. Canadian businesses prepare for long-haul trade war

    After trade talks broke down between Ottawa and Washington, U.S. President Donald Trump implemented 50-per-cent tariffs on $28-billion dollars worth of Canadian goods. Over the wee…

    27:48
  6. Why Canada’s biggest paid plasma collector has paused operations

    Plasma is the golden fluid part of the blood and it’s used to make life-saving medications for people with immune deficiencies. In Canada, plasma donors were historically volunteer…

    24:37
Now Playing
What to look out for in the 2025 federal budget — The Decibel | Josplay Music