Interim Parliamentary Budget Officer Jason Jacques prepares to appear before the Standing Committee on Government Operations and Estimates, on Parliament Hill in Ottawa on Sept. 25, 2025. The Canadian Press/Justin Tang
Of the $285 billion in spending the Liberal government outlined in the last budget to support new investment, $243.7 billion of that amount is associated with planned spending that was already in place before the budget was released, according to the Parliamentary Budget Office.
Budget 2025 introduced a new framework for reporting federal capital investment, with the Liberal government saying $280 billion in support for “third parties” could enable “more than $1 trillion in total investments” through 2030.
