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ARTICLE · 13 NOVEMBER 2025

2025 Federal Budget: Highlights Affecting Financial Services

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The 2025 Federal Budget addresses four main areas related to financial services regulation: national investments to build productivity and housing supply; proposals to enhance financial sector competition...

CanadaFinance and Banking
Koker Christensen
Koker Christensen
Tara Newman
Tara Newman
Isabelle Savoie
Isabelle Savoie
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The 2025 Federal Budget addresses four main areas related to financial services regulation: national investments to build productivity and housing supply; proposals to enhance financial sector competition; measures to combat financial crime; and, support for digital innovation. It also includes several other measures that may be of interest to financial service providers in banking, insurance and payments.

Investments in Nation Building Projects and Housing Supply

Canada has seen substantial economic change since its last budget. The United States is reshaping global trading relationships and the Budget states that "the impact of new tariffs and the uncertainty they have caused is expected to continue to build." To counteract their impact, the federal government proposes to invest heavily in "nation building" projects, new infrastructure, more defence spending, and to support housing affordability. The government unequivocally wants to advance these major

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