Liberal Leader Mark Carney (R) speaks to Prime Minister Justin Trudeau after Carney was announced as winner of the party leadership at the announcement event in Ottawa on March 9, 2025. The Canadian Press/Sean Kilpatrick
Prime Minister Mark Carney will scrap some of his predecessor’s signature policies if his recent budget is passed, but he is seeking to maintain major expenditures related to gender and racial equity programs.
Budget 2025 focuses on large-scale expenditures in a bid to grow the economy while including some cuts to the public service. It also changes the former Liberal government’s plan to plant 2 billion trees by 2031 and eliminates some taxes such as the luxury tax on aircraft and boats.
