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Budget 2025 introduces measures to promote competition and affordability

| Department of Finance Canada | backgrounders

Competition is central to productivity, innovation, and affordability, and a lack of competition in various sectors has led to far too high prices. Budget 2025 is launching some of the most ambitious, pro-competitive measures for Canada in a generation.


Minister Champagne to participate in a pre-budget event in Saint-Tite, Québec

| Department of Finance Canada | media advisories

On November 3rd, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will continue the pre-budget tradition of selecting a new pair of shoes ahead of tabling the budget. The Minister will visit Boulet Boots, in Saint-Tite. He will tour the facility and experience hands-on how to craft, mould, and build a uniquely Canadian pair of shoes. The Minister will answer questions from the media after the tour.


Minister Champagne clamps down on Driver Inc. scheme in Budget 2025

| Department of Finance Canada | news releases

To restore fairness to the sector and ensure workers are receiving the benefits they deserve, Budget 2025 will provide $77.0 million over four years, starting in 2026-27, with ongoing funding of $19.2 million annually, for the Canada Revenue Agency to lift the moratorium on the penalties for failure to report fees for service transactions in the trucking industry and to implement a focused program that addresses non-compliance issues related to personal services businesses and reporting fees for service.


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2025-12-23