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Canada's $51 Billion Budget Focuses on Jobs and Housing

11/10/2025

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Summary

Story summary

Prime Minister Mark Carney's Liberal government introduced its first federal budget, allocating $51 billion over ten years for infrastructure aimed at job creation.
The budget proposes $13 billion for affordable housing, targeting annual home construction of 430,000 to 480,000 homes.
It does not include new measures for seniors and reduces access to the Canada Student Grant for international students.
The budget allocates $100 million over four years for the Canada Disability Benefit to ease application costs.
The main budget vote is anticipated later this month in Canada.

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Story summary

Prime Minister Mark Carney's Liberal government introduced its first federal budget, allocating $51 billion over ten years for infrastructure aimed at job creation.
The budget proposes $13 billion for affordable housing, targeting annual home construction of 430,000 to 480,000 homes.
It does not include new measures for seniors and reduces access to the Canada Student Grant for international students.
The budget allocates $100 million over four years for the Canada Disability Benefit to ease application costs.
The main budget vote is anticipated later this month in Canada.