Budget 2026 is about giving Canada a ‘strong footing’: Champagne
Finance Minister François-Philippe Champagne says Thursday’s federal budget is about giving Canada a “strong footing” to navigate a more volatile world. The Liberal government’s 2026 budget is set to land a little over a day after voters delivered a sharp rebuke to President Donald Trump and the Republicans in the U.S. midterm elections. Asked how […]
Finance Minister François-Philippe Champagne unveiled Canada's 2026 federal budget on Thursday, emphasizing the need for a "strong footing" to navigate an increasingly volatile global landscape. The Liberal government's budget is set to be presented just one day after U.S. midterm elections that dealt a significant blow to President Donald Trump and his Republican party.
Champagne highlighted the upcoming budget's focus on bolstering Canada's trade leverage, particularly in light of the anticipated Democratic control of Congress in the United States. He emphasized that the fiscal plan aims to equip Canada with greater bargaining power across multiple negotiating tables, both within and beyond North American borders.
The finance minister stressed that the government's approach involves running deficits to support workers adversely affected by U.S. trade policies, deeming it "the right thing to do." Champagne's visit to Montreal today was also punctuated by a customary ritual: he went shoe shopping before officially tabling the budget.
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