Budget 2025 Implementation Act, No. 1

An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025

Sponsor

Status

This bill has received Royal Assent and is, or will soon become, law.

Summary

This is from the published bill. The Library of Parliament has also written a full legislative summary of the bill.

Part 1 implements certain measures in respect of the Income Tax Act and the Income Tax Regulations by
(a) expanding the rollover for small business corporation shares;
(b) expanding the list of expenses recognized under the Disability Supports Deduction;
(c) exempting the Canada Disability Benefit from income;
(d) aligning the taxation of investment income and active business income earned and distributed by controlled foreign affiliates with the rules that currently apply to Canadian-controlled private corporations;
(e) extending the deadline for making certain charitable donations eligible for tax support in the 2024 tax year;
(f) increasing the limit under the Lifetime Capital Gains Exemption so that it applies on up to $1.25 million of eligible capital gains, applicable to dispositions that occur on or after June 25, 2024, with indexation of the limit to resume in 2026;
(g) exempting the first $10 million in capital gains on the sale of a business to a worker cooperative and amending the corresponding exemption for sales to an employee ownership trust;
(h) removing the tax-indifferent investor exception to the synthetic equity arrangement anti-avoidance rule;
(i) improving the efficiency of the Home Accessibility Tax Credit;
(j) implementing the Personal Support Workers Tax Credit;
(k) enhancing the SR&ED program by increasing the annual expenditure limit and taxable capital phase-out thresholds for the enhanced 35% SR&ED credit, extending the enhanced credit to eligible Canadian public corporations and restoring the eligibility of SR&ED capital expenditures;
(l) extending the Mineral Exploration Tax Credit for individuals who invest in eligible mining flow-through shares for two years to March 31, 2027 at the current rate of 15%;
(m) expanding the eligibility of the Critical Mineral Exploration Tax Credit to bismuth, cesium, chromium, fluorspar, germanium, indium, manganese, molybdenum, niobium, phosphate, tantalum, tin and tungsten;
(n) amending the Canada Carbon Rebate for Small Businesses;
(o) extending the full credit rates for the Carbon Capture, Utilization and Storage investment tax credit to 2035;
(p) expanding the eligibility for the clean technology investment tax credit to support the generation of electricity and heat from waste biomass;
(q) expanding the eligibility for the clean technology manufacturing investment tax credit to investments in eligible polymetallic projects and to additional qualifying materials;
(r) providing a refundable investment tax credit to qualifying corporations and trusts for investments in certain clean electricity property;
(s) amending the alternative minimum tax to exempt certain trusts for the benefit of Indigenous groups;
(t) precluding a corporation from qualifying as a mutual fund corporation where it is controlled by or for the benefit of a corporate group;
(u) extending the period during which agricultural cooperatives can distribute tax-deferred patronage dividends paid in shares to their members until the end of 2030;
(v) narrowing the rules related to reporting by trusts;
(w) providing the Minister of National Revenue with the authority to waive the withholding requirement for payments to certain non-resident service providers;
(x) allowing the sharing of information for the purposes of administering and enforcing the Canada Labour Code as it relates to the misclassification of employees;
(y) reforming Canada’s transfer pricing rules;
(z) reinstating the accelerated investment incentive and immediate expensing for certain qualifying assets;
(z.1) providing an accelerated capital cost allowance of 10% for new eligible purpose-built rental projects;
(z.2) providing immediate expensing for new additions of property in respect of productivity-enhancing assets;
(z.3) introducing a temporary non-refundable tax credit applicable where an individual’s non-refundable tax credit amounts exceed the first income tax bracket threshold; and
(z.4) implementing a number of technical amendments to correct inconsistencies and to better align the law with its intended policy objectives.
It also makes a related amendment to the Excise Tax Act .
Part 2 repeals the Digital Services Tax Act and the Digital Services Tax Regulations and makes consequential amendments to other legislation.
Part 3 amends the Excise Tax Act , the Underused Housing Tax Act , the Select Luxury Items Tax Act and other related texts to implement various measures.
Division 1 of Part 3 implements certain measures in respect of the Excise Tax Act and a related text by
(a) clarifying that supplies of osteopathic services rendered by individuals who are not osteopathic physicians are taxable under the Goods and Services Tax/Harmonized Sales Tax;
(b) extending the Enhanced (100%) Goods and Services Tax Rental Rebate to qualifying cooperative housing corporations and student residences built by universities, public colleges and school authorities; and
(c) allowing input tax credits for redeemed coupons to be available only for payments made exclusively in the course of commercial activities.
Division 2 of Part 3 amends the Underused Housing Tax Act to end the underused housing tax in respect of 2025 and future calendar years. It also subsequently repeals the Underused Housing Tax Act and the Underused Housing Tax Regulations .
Division 3 of Part 3 amends the Select Luxury Items Tax Act to end the luxury tax in respect of subject aircraft and subject vessels. It also makes the Select Luxury Items Tax Regulations to provide greater clarity on the tax treatment of subject items.
Part 4 amends the First Nations Goods and Services Tax Act to, among other things,
(a) establish an opt-in framework for interested Indigenous governments to levy a value-added sales tax, under their own laws, on fuel, alcohol, cannabis, tobacco and vaping products within their reserves or settlement lands; and
(b) make process-type improvements and machinery of government changes to streamline the administration of taxes under that Act.
It also makes consequential amendments to the Excise Tax Act and to the Federal-Provincial Fiscal Arrangements Act .
Part 5 enacts and amends several Acts in order to implement various measures.
Division 1 of Part 5 enacts the High-Speed Rail Network Act , which establishes a legislative framework to facilitate the implementation of a rail network that allows for the carrying of passengers at high speed between Quebec and Ontario. That Act, among other things,
(a) deems the construction of the railway lines that are to be part of the high-speed rail network to have been approved under section 98 of the Canada Transportation Act ;
(b) provides that the construction, operation, decommissioning and abandonment of each segment of the high-speed rail network, and any incidental physical activity, is subject to the Impact Assessment Act ;
(c) permits certain land to be subject to a notice of right of first refusal or a notice of prohibition on work;
(d) amends the expropriation process in relation to the high-speed rail network;
(e) provides that Indigenous knowledge that is provided in confidence in relation to the high-speed rail network is treated as confidential; and
(f) makes certain Parts of the Official Languages Act applicable to certain entities, including those that operate a railway that is part of the high-speed rail network.
The Division also makes a consequential amendment to the Access to Information Act .
Division 2 of Part 5 amends the Canada Post Corporation Act to repeal the power to make regulations prescribing rates of postage and the terms and conditions related to the payment of postage and instead provide the Canada Post Corporation with the authority to establish those rates and terms and conditions and provide for exceptions.
Division 3 of Part 5 provides, among other things, that an aggregate amount not exceeding $11.5 billion to fund the operations and activities of Build Canada Homes and an aggregate amount not exceeding $1.515 billion as a contribution of capital to, or to purchase shares in, Canada Lands Company Limited may be paid out of the Consolidated Revenue Fund.
Division 4 of Part 5 amends the Canada Infrastructure Bank Act to increase the aggregate amount that the Minister of Finance may pay to the Canada Infrastructure Bank to $45,000,000,000.
Division 5 of Part 5 amends the Red Tape Reduction Act to, among other things, authorize, subject to certain conditions, ministers to grant temporary exemptions from the application of provisions of certain Acts of Parliament and instruments with the aim of facilitating the design, modification or administration of regulatory regimes to encourage innovation, competitiveness or economic growth in the clean technology or financial technology sector.
Division 6 of Part 5 amends the Public Service Superannuation Act to, among other things, expand the eligibility for early retirement available to certain contributors employed in operational service to new groups of contributors.
Division 7 of Part 5 amends the Public Service Superannuation Act to authorize certain contributors to exercise a temporary early retirement option during a period for which a workforce reduction initiative is in effect. It also makes a related amendment to the Income Tax Regulations .
Division 8 of Part 5 amends the Farm Credit Canada Act to, among other things, provide for a review of the provisions and operation of that Act within five years after the day on which the amendment comes into force and every 10 years after that.
Division 9 of Part 5 repeals the Consumer-Driven Banking Act and enacts a new Consumer-Driven Banking Act to ensure that individuals and businesses can safely and securely share their data with the participating entities of their choice. That Act addresses, among other things, accreditation, national security, data sharing, security safeguards, consent, authentication, liability, complaints, administration and enforcement and screen scraping. The Division also makes related amendments to the Access to Information Act , the Financial Consumer Agency of Canada Act and the Budget Implementation Act, 2024, No. 1 .
Division 10 of Part 5 amends the Trust and Loan Companies Act , the Bank Act and the Insurance Companies Act to extend the period during which federal financial institutions governed by those Acts may carry on business.
Division 11 of Part 5 amends the Trust and Loan Companies Act , the Bank Act and the Insurance Companies Act to, among other things, modernize prudential limits by repealing certain provisions that impose limits on federally regulated financial institutions with respect to debt obligations and borrowing, consumer and commercial loans and investments in real property and equity.
Division 12 of Part 5 amends the Bank Act , the Trust and Loan Companies Act and the Insurance Companies Act to allow for the electronic delivery of certain documents to shareholders, members and policyholders without their consent, while ensuring that they receive paper copies if they request them.
Division 13 of Part 5 amends the Trust and Loan Companies Act , the Bank Act and the Insurance Companies Act to increase the equity threshold related to the public holding requirement from $2 billion to $4 billion and to make changes to other provisions that include that threshold.
Division 14 of Part 5 amends the Trust and Loan Companies Act , the Bank Act , the Insurance Companies Act and the Office of the Superintendent of Financial Institutions Act to, among other things,
(a) clarify the powers of the Superintendent of Financial Institutions in respect of the adherence by federally regulated financial institutions to their policies and procedures to protect themselves against threats to their integrity or security;
(b) provide the Superintendent of Financial Institutions with powers to issue directions of compliance in respect of unsafe or unsound practices in the conduct of the affairs of those financial institutions; and
(c) provide that the Superintendent of Financial Institutions is not prevented from disclosing information to any federal government agency or body for purposes related to the Superintendent’s regulation or supervision of financial institutions.
Division 15 of Part 5 amends the Bank Act to raise the amount of funds that can be withdrawn immediately from a retail deposit account after the deposit of a cheque or other instrument and to remove the delay for the withdrawal of funds deposited by a cheque or other instrument that is not deposited in person.
Division 16 of Part 5 amends the Bank Act to, among other things,
(a) prohibit the activation of certain capabilities for a personal deposit account in Canada without the express consent of the natural person in whose name the account is kept;
(b) permit a natural person in whose name such an account is kept to deactivate certain account capabilities;
(c) permit a natural person in whose name such an account is kept to adjust certain transaction limits on the account;
(d) require institutions to establish policies and procedures for detecting and preventing consumer-targeted fraud and mitigating its impacts; and
(e) require institutions and the Commissioner of the Financial Consumer Agency of Canada to prepare annual reports on consumer-targeted fraud.
Division 17 of Part 5 amends the Canada Deposit Insurance Corporation Act , the Bank Act and the Financial Consumer Agency of Canada Act to support the growth of federal credit unions, including by way of amalgamation or asset acquisition and by permitting them to engage in motor vehicle leasing in certain circumstances.
Division 18 of Part 5 amends the Special Economic Measures Act to, among other things,
(a) provide that the Minister of Finance must be consulted before an order or regulation identifying certain persons is made under subsection 4(1) of that Act;
(b) authorize the Governor in Council to make regulations requiring financial institutions to provide to the Minister of Finance information on property that is in their possession or control and that is owned, held or controlled by a person, including a foreign state, identified under that Act and information on profits realized from such property; and
(c) authorize the Minister of Finance to make an order directing a financial institution to pay such profits to the Receiver General.
It also makes related and consequential amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act .
Division 19 of Part 5 amends the Pension Act to, among other things,
(a) set out in a schedule to that Act the amounts of the basic pension payable during the period beginning on April 1, 1985 and ending on December 31, 2025;
(b) authorize the Governor in Council to amend that schedule;
(c) define the term “province” for the purposes of paragraph 75(1)(b) of that Act; and
(d) update certain regulation-making powers.
It also amends the Royal Canadian Mounted Police Superannuation Act to provide that, beginning on January 1, 2027, certain benefits are to be adjusted only on the basis of the Consumer Price Index.
Finally, it amends the Department of Veterans Affairs Act and the Veterans Health Care Regulations to retroactively clarify the meaning of the term “province” with respect to the calculation of the accommodation and meals charge for the recipients of intermediate and long term care.
Division 20 of Part 5 retroactively amends the Veterans Well-being Regulations to specify that the first annual adjustment to certain amounts used in the calculation of the earnings loss benefit is to be prorated to the number of days remaining in the calendar year. It also authorizes the Governor in Council to make regulations respecting the earnings loss benefit under the Veterans Well-being Act , as it read from time to time before April 1, 2019.
Division 21 of Part 5 amends the Royal Canadian Mounted Police Superannuation Act , among other things, to specify that claims for awards made under Part II of that Act are to be dealt with and determined by the Minister who administers the Pension Act . It also enacts related provisions.
Division 22 of Part 5 enacts the Canada Development Investment Corporation Act , which continues the Canada Development Investment Corporation and sets out its purpose to assist in the creation and development of businesses, resources, property and industries of Canada by providing advice and support to the Government of Canada and by making investments and managing assets that advance Canada’s economic growth and development. The Division also makes a consequential amendment to the Access to Information Act .
Division 23 of Part 5 amends the Personal Information Protection and Electronic Documents Act to require that an organization disclose to another organization an individual’s personal information, at the individual’s request, if both organizations are subject to a data mobility framework.
Division 24 of Part 5 amends the Broadcasting Act to provide that it is to be construed and applied in a manner that is consistent with the right to privacy of individuals.
Division 25 of Part 5 amends the Human Pathogens and Toxins Act to, among other things, reaffirm that security of the public is a key purpose of that Act, provide that the Minister of Health must establish and update a registry that will replace Schedules 1 to 4, add requirements for persons who carry out activities in relation to high risk human pathogens and toxins, increase the maximum penalties to which a person who commits an offence under that Act is liable and establish an administrative monetary penalty regime for certain contraventions of that Act or its regulations.
Division 26 of Part 5 amends the Customs Tariff to amend the definition “obsolete or surplus goods” to allow for the refund of duties paid in respect of certain goods that are donated to a registered charity.
Division 27 of Part 5 amends the Export and Import Permits Act to authorize the Governor in Council to add articles to the Export Control List and the Import Control List for reasons related to Canada’s economic security interests.
Division 28 of Part 5 amends the Aeronautics Act to, among other things,
(a) authorize the Minister of Transport to make interim orders that give effect to international standards, agreements, conventions and arrangements;
(b) extend the effective period of interim orders;
(c) modernize regulation-making powers respecting the development of, and compliance with, systems, processes, procedures, programs, plans and documents in relation to aviation safety and security;
(d) provide that air traffic service providers and certain maintenance organizations may be found vicariously liable for offences or violations;
(e) authorize the electronic service of documents;
(f) prohibit interference with the operation of a remotely piloted aircraft system unless authorized by the Minister;
(g) modernize the administrative monetary penalties framework and increase the maximum amounts for penalties and fines; and
(h) establish a regime for the voluntary provision of information related to aviation safety and security and set out limits on the disclosure and use of information provided under that regime.
It also makes a consequential amendment to the Access to Information Act and a related amendment to the Budget Implementation Act, 2019, No. 1 .
Division 29 of Part 5 amends the Canada Transportation Act to provide the Minister of Transport with the authority to make interim orders to give effect to international standards or ensure compliance with Canada’s international obligations.
Division 30 of Part 5 amends the Judges Act to increase the number of salaries authorized for judges of the Court of Appeal for Ontario and judges of unified family courts in the provinces. It also reduces in a corresponding manner the number of salaries authorized for judges of superior courts in the provinces other than appeal courts.
Division 31 of Part 5 amends the Administrative Tribunals Support Service of Canada Act to create a Schedule 2 to that Act, allow the Minister of Justice to add territorial bodies to that Schedule and to allow the Administrative Tribunals Support Service of Canada to provide support services and facilities to those bodies.
Division 32 of Part 5 amends the Canadian Environmental Protection Act, 1999 to provide for the establishment of the Environmental Protection Tribunal of Canada and the transfer of the functions of the Chief Review Officer and review officers to that Tribunal. It also amends the Administrative Tribunals Support Service of Canada Act to enable the Administrative Tribunals Support Service of Canada to provide the Tribunal with any necessary support services and facilities and makes consequential amendments to other Acts.
Division 33 of Part 5 authorizes the taking of various measures with respect to the divestiture and dissolution of all or any part of the Freshwater Fish Marketing Corporation. It also makes consequential amendments to other Acts and repeals the Freshwater Fish Marketing Act .
Division 34 of Part 5 repeals section 16 of the Government Annuities Improvement Act .
Division 35 of Part 5 repeals sections 195 and 196 of the Naskapi and the Cree-Naskapi Commission Act .
Division 36 of Part 5 amends the Canada Student Financial Assistance Act to deny the provision of financial assistance to qualifying students in relation to designated educational institutions outside Canada that are private and for-profit and offer courses at a post-secondary school level. It also amends that Act to empower the Minister of Employment and Social Development to suspend or deny the provision of financial assistance in certain circumstances in order to align with a provincial suspension or denial.
Division 37 of Part 5 amends the Proceeds of Crime (Money Laundering) and Terrorist Financing Act to
(a) clarify that all regulations made under that Act are to be made on the recommendation of the Minister of Finance;
(b) clarify that paragraph 36(3.01)(b) of that Act applies to donations that are not charitable donations; and
(c) prohibit the disclosure of reports, or the information contained in them, related to discrepancies in information discovered in the course of verifying the identity of persons having beneficial ownership or control of an entity.
It also amends the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations to
(a) clarify that paragraph 138(5)(b) of those Regulations applies to donations that are not charitable donations; and
(b) clarify the application of those Regulations to mortgage administrators, mortgage brokers and mortgage lenders.
Finally, it makes a consequential amendment to the Access to Information Act .
Division 38 of Part 5 amends the Borrowing Authority Act to increase the maximum amount of certain borrowings.
Division 39 of Part 5 amends the Canada Business Corporations Act , the Canada Cooperatives Act and the Canada Not-for-profit Corporations Act to provide an additional ground on which the Director appointed under the Act in question may dissolve a corporation or a cooperative, as the case may be, namely, when the Director is notified that it is a “listed entity” as defined in subsection 83.01(1) of the Criminal Code .
Division 40 of Part 5 amends the Building Canada Act to add to the information that must be included in the public registry of national interest projects the extent to which each project can contribute to clean growth and to meeting Canada’s objectives with respect to climate change.
Division 41 of Part 5 amends the Canadian Energy Regulator Act to set the maximum duration of licences for the exportation of liquefied natural gas at 50 years.
Division 42 of Part 5 amends the Canadian Environmental Protection Act, 1999 to, among other things, remove the mandatory five-year limit for agreements made under subsection 9(5) or 10(3).
Division 43 of Part 5 amends the Competition Act to remove the requirement that the substantiation of representations about the environmental benefits of businesses or business activities must be done in accordance with internationally recognized methodology. It also amends that Act to exclude the application of the provision respecting those representations from proceedings before the Competition Tribunal that are initiated by a person other than the Commissioner of Competition.
Division 44 of Part 5 enacts the National School Food Program Act , which sets out the Government of Canada’s vision for the National School Food Program. That Act also sets out the Government of Canada’s commitment to maintaining long-term funding to be provided to the provinces, the territories and Indigenous peoples for the ongoing implementation and maintenance of the Program.
Division 45 of Part 5 enacts the Stablecoin Act , which imposes duties on persons that create stablecoins and make them available for purchase, directly or indirectly, by persons in Canada. That Act sets out the objects of the Bank of Canada in respect of stablecoin and requires the Bank to maintain a public registry of stablecoin issuers. That Act also addresses, among other things, the redemption of stablecoins by issuers, the reserve of assets that issuers must maintain to fulfill their redemption obligations and the policies that they must establish. The Division also makes consequential and related amendments to the Access to Information Act , the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and the Retail Payment Activities Act .

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from Parliament. You can also read the full text of the bill.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-15s:

C-15 (2022) Law Appropriation Act No. 5, 2021-22
C-15 (2020) Law United Nations Declaration on the Rights of Indigenous Peoples Act
C-15 (2020) Law Canada Emergency Student Benefit Act
C-15 (2016) Law Budget Implementation Act, 2016, No. 1.

Votes

Feb. 25, 2026 Passed Concurrence at report stage of Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025
Feb. 25, 2026 Failed Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 81)
Feb. 25, 2026 Failed Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 78)
Feb. 25, 2026 Failed Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 55)
Feb. 25, 2026 Failed Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 48)
Feb. 25, 2026 Failed Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 44)
Feb. 25, 2026 Failed Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 34)
Feb. 25, 2026 Failed Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (report stage amendment) (Motion No. 1)
Dec. 8, 2025 Failed 2nd reading of Bill C-15, An Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025 (reasoned amendment)

Debate Summary

line drawing of robot

This is a computer-generated summary of the speeches below. Usually it’s accurate, but every now and then it’ll contain inaccuracies or total fabrications.

Bill C-15 implements budget 2025, including investments in infrastructure, housing, defense, and clean energy, while also cutting taxes and streamlining financial services and regulations.

Liberal

  • Drives economic growth and infrastructure: The party champions generational investments in major infrastructure, including high-speed rail and clean power grids, alongside productivity enhancements like superdeductions, to build a resilient, diversified Canadian economy.
  • Enhances affordability and social programs: The party aims to make life more affordable through tax cuts for millions, enhanced social programs like dental care and a national school food program, and improved financial protections for vulnerable Canadians.
  • Invests in clean economy and climate action: The party commits to investing in a clean economy to drive down emissions, fight climate change, and create jobs through tax credits for clean electricity, clean technologies, carbon capture, and critical minerals development.
  • Strengthens national security and defence: The party is making the largest defence investment in generations, committing billions to meet NATO targets, strengthen Arctic capabilities, and build Canada's defence industrial strategy for national security and sovereignty.

Conservative

  • Accuses government of fiscal mismanagement: The party criticizes the government's record $78 billion deficit and $1.35 trillion national debt, arguing this reckless spending burdens future generations and is unsustainable.
  • Highlights worsening affordability crisis: Canadians face a severe affordability crisis with rising food prices, housing costs, and fuel taxes, leading to record food bank usage and a declining standard of living for families.
  • Criticizes excessive bureaucracy and regulation: The government's excessive bureaucracy, red tape, and 'profession prejudice' stifle private investment, harm productivity, and drive capital and jobs out of Canada.
  • Decries government's broken promises: The Prime Minister has broken numerous fiscal promises, including deficit targets and debt-to-GDP ratios, leading to a loss of trust and undermining the government's credibility.

NDP

  • Opposes omnibus bill format: The NDP condemns Bill C-15 as a massive omnibus bill, arguing it prevents proper parliamentary review and is an undemocratic practice previously criticized by the Liberals.
  • Criticizes public service cuts: The party criticizes deep cuts to public services and the elimination of 40,000 jobs, arguing it will harm frontline services and disproportionately affect women and vulnerable communities.
  • Prioritizes wealthy and military: The NDP states the budget prioritizes yachts, private jets, and military expansion over public health care, pharmacare, and relief for struggling families, revealing misplaced values.
  • Denounces broken promises: The party denounces the Liberals for breaking election promises on climate action, health care, and standing up to the U.S., accusing them of appeasing Donald Trump.

Bloc

  • Opposes budget implementation bill: The Bloc Québécois will vote against Bill C-15, citing its record deficit, creative accounting, and failure to address Quebec's priorities while infringing on provincial jurisdictions.
  • Increases fossil fuel subsidies: The bill allocates billions in new subsidies and tax credits to the fossil fuel industry, extending support to 2041, which the Bloc views as "greenwashing" and detrimental to the energy transition.
  • Undermines media and culture: The party criticizes the government for scrapping the digital services tax, depriving struggling private and regional media of billions in funding, and failing to support Quebec's cultural vitality.
  • Grants dangerous ministerial power: The Bloc highlights a concerning clause allowing ministers to exempt companies from most federal laws for three years, an authoritarian overreach that bypasses democracy and parliamentary oversight.

Green

  • Objects to omnibus budget bills: The Green Party objects to omnibus budget bills as an "abomination" that undermines democracy by preventing proper study of legislation, especially when they exceed 600 pages.
  • Criticizes hidden environmental changes: The bill includes significant changes to several environmental protection acts that were not announced in the budget and are buried within the text, preventing proper parliamentary scrutiny.
  • Concerns about new agencies and economy: The party questions the creation of new agencies without proper study and suggests that tax policy changes, like removing luxury sales tax, should prioritize Canadian-made products.
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Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 12:50 p.m.

Bloc

Sébastien Lemire Bloc Abitibi—Témiscamingue, QC

Madam Speaker, I enjoyed the part of my colleague's speech when he talked about the member for Battle River—Crowfoot. He spoke in particular about this member's empathy, which I find rather surprising, since that is not necessarily the first thing that we notice about him in the House.

At the same time, my colleague made me realize that the confidence vote in the Conservative leader is a bit of an elephant in the room when it comes to Bill C-15. What impact will that have on his party's work when it comes to the passage of Bill C-15? The bill still has to go through a few stages, including a study in committee and then the study in the House.

Will the Conservatives propose amendments in committee? What impact will the confidence vote have on the Conservatives' position on Bill C-15? Are they prepared to trigger an election for something as important as the implementation of this budget?

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 12:55 p.m.

Conservative

Jasraj Singh Hallan Conservative Calgary East, AB

Madam Speaker, to address some of the things my Bloc colleague is asking about, we are always putting amendments forward because we want what is in the best interest of Canadians. This bill, obviously, in 600 pages, is going to slam $80 billion onto Canadians, but the interesting thing is that, at the committee it is supposed to go to, the finance committee, the Liberals are filibustering themselves, so nothing can get done. As usual, they put on this big show that the opposition is blocking everything, when it is they who are, especially in the last few weeks, cancelling their own committees and blocking their own committees. They are filibustering themselves because they do not want anything to be done. They know Canadians know that everything they have been doing is a trick, and Canadians have had it with this government.

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 12:55 p.m.

Conservative

Warren Steinley Conservative Regina—Lewvan, SK

Madam Speaker, my colleague from Calgary East and I are from neighbouring provinces, and I really appreciate his insight when it comes to the financial picture of our country.

I would ask him this: It is interesting that the member for Hamilton West—Ancaster—Dundas is clutching his pearls and saying that we are saying such terrible things, but then he did not say anything that we had said that was not correct. They talk about misinformation, yet they never say what we have said that was not correct, and I do think this next election is going to be about a lot of things. One is corporate welfare. This government gave Stellantis $15 billion, and then Stellantis announced a deal with the United States for $13 billion. This government gave Algoma Steel $500 million, and we lost 1,000 jobs.

Can my colleague point to any investment of taxpayers' dollars that this government has spent that has led to success in terms of the average Canadian getting more employment?

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 12:55 p.m.

Conservative

Jasraj Singh Hallan Conservative Calgary East, AB

Madam Speaker, I was looking for that, and I found it: all the investments that supposedly have led to major jobs. The fact of the matter is that nothing this government has done has moved any needle forward. The member pointed to Stellantis, whose jobs left. Just today, there was news about a Calgary company that is shutting down altogether.

The Prime Minister, during the election, said he had his elbows up and was the one who was going to deal with Trump. His elbows are missing, and now he is down on his knees begging for a deal, because he was not able to deliver on all the promises that he broke. That is just the same old Liberal government: It promises a lot but breaks every promise, and at the end of the day, it costs Canadians, costs Canadian jobs and costs our economy.

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 12:55 p.m.

Conservative

Larry Brock Conservative Brantford—Brant South—Six Nations, ON

Madam Speaker, it is always a pleasure to rise on behalf of the great constituents of Brantford—Brant South—Six Nations.

Budgets are not just balance sheets. They have consequences, and the consequences of the budget are already visible: higher food prices, fewer full-time jobs, rising debt and record food bank use. This is not theory. It is the lived, sad reality of families who can no longer afford groceries, seniors forced to return to work to cover basic costs, and workers who cannot find full-time hours. The budget did not fix that reality. It locked it in.

When the Prime Minister told Canadians how to judge his government, he said to judge him by “their experience at the grocery store”. Canadians have done exactly that, and what they see is sticker shock where supper used to be.

Today, Canada has one of the weakest growth performances in the G7. Food inflation is double the Bank of Canada's target, with food prices rising nearly 40% faster than in the U.S. and homebuilding predicted to fall by as much as 13%. This is not recovery. This is the cost of the Prime Minister, the costliest the country has ever seen.

Who would have imagined that we would have a hunger crisis in a G7 country? Last week, Feed Ontario released a hunger report that should shock the conscience of every member in the House, reporting 8.7 million food bank visits in Ontario alone and 24,000 visits every single day. One in 16 Ontarians now relies on food bank usage.

Here is the statistic that breaks the Liberal illusion that everything is fine: Nearly one in four food bank users actually has a job. Food Banks Canada puts it bluntly: “Employment is no longer a reliable buffer against poverty.”

That means that people are working but still going hungry. In my community of Brantford, in the past three years, the number of people relying on the food bank in a single year has doubled, from 5,000 to more than 10,000 people. The situation was so bad that the city council had to declare a food insecurity emergency. As the Brantford Food Bank director put it, “In 20 years on this job, I wasn’t sure we’d ever get here, where food security is being taken as an emergency in our community.”

When a Canadian city is forced to declare a food emergency, that is not a trend. It is a warning and a direct indictment of the failures of leadership in the country. More than half of food bank users now cite food prices as a reason they are there. More than a quarter cite housing. This is Canada in 2025, with parents skipping meals for their children, seniors choosing between prescriptions and groceries, and workers lining up at food banks after full-time shifts.

“Canada's Food Price Report” for 2026 confirms the worst: Families will pay nearly $1,000 more per year for food; 86% of Canadians are eating less meat, and beef, chicken and pork are all increasing at once, a devastating trifecta. Canadians are being forced to abandon healthy food because they simply cannot afford it.

Why is this happening? The Prime Minister keeps saying that inflation is global but government costs are very local. Fuel, fertilizer, transport and packaging: Every cost that hits a Canadian farmer now hits a family at the checkout. When Conservatives demanded that the government scrap the hidden taxes on food, namely the industrial carbon tax, the food packaging tax and the fuel standard tax still adding 17¢ per litre, the Liberals voted no. The results speak for themselves.

Under the Prime Minister, Canada now has one of the weakest growth performances in the G7. Productivity is collapsing, and business investment is falling quarter after quarter. Nearly one in five part-time workers wants full-time hours but cannot find them, because the jobs simply are not there. Last month alone, Canada lost 9,400 full-time jobs. At the same time, nearly 30,000 Canadians over the age of 55 were forced into part-time work over the past year, 10,000 of them just in the last month, as rising grocery bills pushed seniors back into the workforce.

This is what an affordability crisis looks like on a pay stub. Canadians do not need accounting tricks. They need paycheques they can live on.

Let us talk about the day care failure. For young families trying to raise children in Canada, the problem gets even worse. The government loves to point out the $10-a-day child care as a flagship success, but for families who cannot find a space or are still paying double that, the branding means nothing. Half of parents now report difficulty finding child care. Nearly one-third of families are on wait lists. Over three-quarters of centres have wait-lists, and 86% cannot find staff. Even the Auditor General confirmed that the $10-a-day promise is not the reality many families experience. Once again, this government announces a photo op and fails to deliver.

The Prime Minister also promised to negotiate a win with the United States, elbows up. Since that promise, tariffs have doubled, negotiations have stalled and foundational industries face collapse. At Algoma Steel, 1,000 workers lost their jobs after $400 million in Liberal subsidies with no job guarantees. At Crofton, 375 workers lost their livelihoods.

Last week, Canadians were also getting a stunning glimpse of how casually this government handles billions of taxpayer dollars, when it was revealed that the Minister of Industry never even read the contract that handed $15 billion in subsidies to Stellantis, a deal she later defended after the company announced 3,000 job cuts. Think about that: There were $15 billion committed and thousands of workers laid off, and the minister responsible never reviewed the agreement. It is complete and utter incompetence. That single moment says everything about this government's approach: no diligence before the cheque is written, no accountability after workers lose their jobs, and no consequences for those who sign away billions without even reading the fine print.

When the government claimed that it was separating operating and capital spending, Canadians were warned that the books were being cooked. The Parliamentary Budget Officer confirmed exactly that. Capital investment was inflated by $94 billion. True capital spending is 30% lower than claimed. Corporate subsidies were falsely counted as investment. The operating budget will not balance itself for at least five years. The debt-to-GDP ratio is rising again. The new fiscal anchor has only a 7.5% chance of being met. Even with claimed savings, total new spending still rises to $90 billion, which translates to $5,400 per family. Even Fitch Ratings warned that this budget erodes Canada's fiscal credibility.

The Prime Minister also promised 500,000 new homes per year. The PBO exposed the real truth: Only 5,200 homes per year will be added. Build Canada Homes will construct just over 1,600 units annually. Rents will rise to over $2,000 per month for a two-bedroom unit. Instead of restoring the dream of home ownership, the Liberals are forcing Canadians into permanent renting status.

Before this budget, Conservatives offered a clear, responsible plan and solution: Bring down the deficit to the level the Liberals promised, scrap the hidden taxes on food, end the inflation tax by cutting government waste, and restore housing supply by cutting red tape and development charges. Every single one was rejected.

This is the most expensive Prime Minister this country has ever had, and Canadians are paying the bill at the grocery store, at the rent counter and on their credit cards. Every dollar the Liberals spend comes from Canadian pockets. The more the Liberals spend, the higher food costs rise, the higher rent rises and the higher the interest payment rises. Canadians now spend more on debt interest than on health care transfers.

Conservatives will not and cannot support this costly budget. We will continue to fight for an affordable budget, paycheques that beat inflation, homes that people can buy, food that families can afford and an economy that rewards hard work again. Canadians have simply sacrificed enough after 10 years of failed leadership. It is time to end the Liberals' out-of-control spending and bring home an affordable budget for all Canadians.

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 1:05 p.m.

Winnipeg North Manitoba

Liberal

Kevin Lamoureux LiberalParliamentary Secretary to the Leader of the Government in the House of Commons

Madam Speaker, as members know, just a number of months ago, Canada elected a new Prime Minister and a new government. When I reflect on what the member actually said, he raised concerns about jobs, but we have seen in excess of 50,000 jobs created in each of the last three months. That is the reality of it.

When we talk about productivity, and the Conservatives have been talking a lot about productivity, one of the greatest gains in productivity is in our manufacturing industry. Of course, the Conservatives do not reference those sorts of things.

However, my real beef with the Conservative Party of Canada today is how self-serving its members are in regard to their own political best interest. We just had another member who stood up and spoke about the bail reform legislation and somehow tried to imply that it was the Liberals who were preventing it.

Whether it is the budget bill or the bail reform bill, Canadians understand and need to know that it is the Conservative Party of Canada that is preventing its passage. Would—

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 1:05 p.m.

The Assistant Deputy Speaker (Alexandra Mendès) Alexandra Mendes

The hon. member for Brantford—Brant South—Six Nations.

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 1:05 p.m.

Conservative

Larry Brock Conservative Brantford—Brant South—Six Nations, ON

Madam Speaker, the level of hypocrisy coming from that member is absolutely through the roof. I am a proud member of the justice committee. I am the vice-chair of the justice committee.

Every member of the Liberal government, including that member, should be ashamed of what has been happening at the justice committee. They have been stalling, filibustering, cancelling meetings without notice at the very last minute, not scheduling any meetings this week, the very last week of our sitting. They do not have the audacity to put together a meeting.

The member needs to look at himself in the mirror. They have failed Canadians. They are not delivering on the promise of bail reform, because they are dragging their heels.

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 1:10 p.m.

Bloc

Marie-Hélène Gaudreau Bloc Laurentides—Labelle, QC

Madam Speaker, I think it is time we all took a break. I want to take this opportunity to share something positive.

This past weekend, the PwC Tremblant World Cup was held in Mont-Tremblant. Franco-Ontarian athlete Valérie Grenier, who lives in Laurentides—Labelle, made it to the podium, winning the bronze medal.

It is good to talk about positive things. I think we all need to take a little break, eat some turkey and rest before coming back to deliberate on the 634 pages of the budget.

In the meantime, I am hoping my colleague can tell me, with Carney's major shift in oil—

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 1:10 p.m.

The Assistant Deputy Speaker (Alexandra Mendès) Alexandra Mendes

The hon. member knows that she cannot name members in the House.

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 1:10 p.m.

Bloc

Marie-Hélène Gaudreau Bloc Laurentides—Labelle, QC

Madam Speaker, I would like my colleague to tell me whether he will still vote against the next budget, since we now know that the Prime Minister has made a major shift in favour of the oil industry.

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December 8th, 2025 / 1:10 p.m.

Conservative

Larry Brock Conservative Brantford—Brant South—Six Nations, ON

Madam Speaker, I offer my congratulations to the member and her riding for that stellar performance and win.

On the issue of the Prime Minister flip-flopping, the Prime Minister wrote a book called Values. He was absolutely against everything that he is promising now to Canadians. With all due respect to my friend, I have some deep reservations as to his true motive.

Is this ultimately going to benefit Brookfield in the end? Wherever the Prime Minister goes, four times around the world, meeting with world leaders and stakeholders in Canada and stakeholders in the U.S., Brookfield is not too far behind. He is always at the ready to take a phone call. I really question his sincerity in everything he has announced so far.

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 1:10 p.m.

Conservative

Jeremy Patzer Conservative Swift Current—Grasslands—Kindersley, SK

Madam Speaker, earlier in the chamber, we had a member accuse one of our members of misinformation. This is a continuing trend we are seeing from the Liberals.

Conservatives bring facts to the debate. If the Liberals do not believe us, all they need to do is open a newspaper, read the news on their phone or watch TV, because that is how we get a lot of our facts and information, as well as from all the research, and the hours we spend doing the research. We work very hard on doing this. They get up here and try to gaslight Canadians by saying we deliberately spread misinformation, yet they never say what we said was wrong.

I wonder if the member could provide some insight as to why he thinks the Liberals would want to do that.

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December 8th, 2025 / 1:10 p.m.

Conservative

Larry Brock Conservative Brantford—Brant South—Six Nations, ON

Madam Speaker, that is their formula. They love to mislead Canadians and paint a rosy picture that we have never had it so good. They can tell that to the people in my riding who are lining up in record numbers at food banks. They can tell that to a struggling—

Budget 2025 Implementation Act, No. 1Government Orders

December 8th, 2025 / 1:10 p.m.

An hon. member

Oh, oh!