2025 Federal Budget

The federal budget was released on November 4th, 2025. We've compiled some resources that highlight how nonprofits fit into the plan and what to watch for. Visit the links below to learn more.

Read the full budget here.


2025 Canadian Federal Budget and its impact on the Canadian charitable sector

By Blumbergs Canadian Charity Law

Today, Canadian Finance Minister François-Philippe Champagne (who is also the Minister of National Revenue) delivered his first federal budget of the Mark Carney government. It is 493 pages in length.

This is a big budget with very large programs, changes and deficits. It is in part a response to the very difficult situation for Canada of dealing with the new Trump administration. We will focus only on the most obvious impacts on the Canadian non-profit and charitable sector if the budget is passed, which is never assured when you have a minority government.

Read more here.

Understanding the 2025 Federal Budget: Implications for Canadian charities and non-profits

By Miller Thompson

Today, the Honourable François-Philippe Champagne, Minister of Finance, tabled a new federal budget (the “2025 Budget”), setting out the Government of Canada’s spending priorities for the next year and beyond.

The 2025 Budget is a budget of many firsts: it is the first of the Carney Government, the first to distinguish between capital and operational expenses, and the first to be tabled in Parliament’s fall session – this timing is intended to continue on a permanent basis going forward. The 2025 Budget is also the first budget to be released since the April 2025 federal election, the 2024 US presidential election, and—in what feels like a lifetime ago—the last federal budget of the Trudeau era (which was tabled in April 2024).

The Budget reflects and responds to these changes in governments and their priorities. It makes “generational investments” in defence, infrastructure, major projects, housing, and tariff-affected industries in the face of US protectionism and growing economic uncertainty.

Read more here.

Budget 2025: Progress for Some, but No Plan for the Nonprofit Sector that Holds Canada Together

By Imagine Canada

After more than a year and a half without the release of a federal budget, the nonprofit sector was looking for meaningful inclusion in Canada’s social and economic landscape. Budget 2025 acknowledges and invests in the importance of several programs that support Canadians, but it stops short of addressing the broader, systemic needs of the sector that delivers them. 

Read more here.

Federal Budget 2025: Social spending flatline and massive infrastructure money

By Future of Good

Note: This story will be continuously updated as we uncover new things in the budget.

The federal government’s 500-page budget document was tabled in the House of Commons Tuesday, outling Prime Minister Mark Carney’s new agenda for Canadians.

In it, the budget contains both budget cuts to programs and massive deficit spending. Budget 2025 calls for $141 billion in new spending, primarily focused on infrastructure, safety, and military spending.

For changemakers, there are several programs ushered in by former Prime Minister Justin Trudeau that François-Philippe Champagne, Canada’s finance minister, said would not be touched.

Those include things like the national daycare program, the dental program and the newly announced school food program. But there’s no additional money, and most departments have been told to find 15 per cent in savings.

Read more here.

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New 2025 Provincial Mandate Letter Analysis, Part 6