Federal Budget Addresses Quebec’s Needs, Says Champagne in Montreal
Finance Minister François-Philippe Champagne began his post-budget tour in Montreal, meeting with Quebec’s leading business figures following the release of the Carney government’s first federal budget.
Although the budget does not explicitly mention Quebec, Champagne emphasized that it directly benefits the province. At a luncheon hosted by the Fédération des chambres de commerce du Québec, he met with CEOs from Bombardier, Quebecor, and the Aluminium Association of Canada.
“It’s a budget that speaks to Quebec. It’s a budget that speaks to Montreal. It’s a budget that speaks to high-profile citizens, entrepreneurs, innovators and idea generators,”
he said, highlighting investments in key provincial and regional priorities such as affordable housing and hospital modernization.
Government Focuses on Economic Stability and Growth
Prime Minister Mark Carney campaigned on protecting Canada’s economy amid the U.S. trade war. The budget reflects this by investing in domestic sectors including artificial intelligence, energy, and infrastructure.
The plan also aims to expand international trade infrastructure, such as ports, to lessen reliance on the U.S. market.
Building Quebec’s Resilience for the Future
Champagne stated the budget is designed to prepare Quebec and Canada for uncertain economic conditions by strengthening key businesses, industries, and infrastructure in the province.
“The budget positions Quebec and Canada to handle ‘uncertain times’ by strengthening major Quebec businesses, industries and critical infrastructure,”
he added.
Summary
The federal budget prioritizes Quebec’s economic and social needs by supporting local industries, infrastructure, and innovation while preparing the province for future challenges.