Prime Minister Carney...

 

Prime Minister Carney announces the appointment of new Associate Chief Justice of the Supreme Court of Nova Scotia

November 8, 2025
Ottawa, Ontario

Today, the Prime Minister, Mark Carney, announced the appointment of the Honourable Darlene Jamieson, a judge of the Supreme Court of Nova Scotia, as the new Associate Chief Justice of the Supreme Court of Nova Scotia.

Associate Chief Justice Jamieson replaces the Honourable Patrick J. Duncan, who elected to become a supernumerary judge effective June 30, 2025.

Biographical note

• The Honourable Darlene Jamieson

Prime Minister Carney announces the appointment of new Senior Associate Chief Justice of the Superior Court of Québec

November 8, 2025
Ottawa, Ontario

Today, the Prime Minister, Mark Carney, announced the appointment of the Honourable Daniel Dumais, a judge of the Superior Court of Québec for the district of Québec, as the new Senior Associate Chief Justice of the Superior Court of Québec.

Senior Associate Chief Justice Dumais replaces the Honourable Catherine La Rosa, who elected to become a supernumerary judge effective October 6, 2025.

Biographical note

• The Honourable Daniel Dumais

Prime Minister Carney outlines Budget 2025 measures to enable $1 trillion in total investments

November 7, 2025
Toronto, Ontario

The world is increasingly dangerous and divided. Changes in the global trading system are causing massive disruptions and uncertainty for Canadians. In addition to that upheaval, business investment has been flat in Canada for a decade. This has caused productivity to grow by only 0.3% annually during that time – lagging behind the majority of our G7 partners. This has weighed on wages, job creation, and Canada’s prosperity.

Budget 2025: Canada Strong confronts these challenges head-on. This is Canada’s new government’s plan to mobilise investment and supercharge growth. We will harness our strengths to drive innovation and productivity – creating more high-paying careers, thriving businesses, and greater certainty for investors.

Today, the Prime Minister, Mark Carney, outlined the government’s plan to enable $1 trillion in total investments over the next five years in Canada. Through targeted tax incentives, major infrastructure projects, stronger competition, and a bold new approach to attracting talent, Budget 2025 sets the foundation for long-term prosperity, so we can build the strongest economy in the G7.

The government’s plan to enable $1 trillion in total investments in five years includes the following measures:

• Introducing a Productivity Super-Deduction to make it easier to do business and invest in Canada. Budget 2025 reinstates the Accelerated Investment Incentive and includes immediate expensing for manufacturing or processing machinery and equipment, clean energy generation and energy conservation equipment, and zero-emission technologies. It also moves forward with immediate expensing for productivity-enhancing assets and research capital expenditures for scientific research and experimental development, and introduces immediate expensing for new manufacturing or processing buildings and accelerated depreciation for low-carbon LNG facilities. Together, these measures form a Productivity Super-Deduction that will lower costs, spur private investment, and reduce Canada’s marginal effective tax rate to 13.2% – reinforcing Canada as the most tax-competitive country for new business investment in the G7.
• Enhancing the Scientific Research and Experimental Development (SR&ED) tax incentives to help businesses innovate and grow. Budget 2025 moves forward with increasing the capital phase-out thresholds for the enhanced tax credit, extending the enhanced credit to eligible Canadian public corporations, and restoring the eligibility of capital expenditures. It also proposes increasing the annual expenditure limit on which the enhanced credit can be earned to $6 million.
• Accelerating nation-building projects through the Major Projects Office (MPO) to supercharge growth across Canada. The new MPO serves as a single point of contact to fast-track transformative projects in energy, trade, transportation, and more. The first five projects referred to the MPO in September collectively represent more than $60 billion in total capital investment. Additional nation-building projects will be announced later this month and, taken together, this is expected to trigger at least $150 billion in total capital investment.
• Launching the International Talent Attraction Strategy and Action Plan to make Canada a magnet for global talent. Budget 2025 invests $1.7 billion to recruit over 1,000 world-class researchers, attract top doctoral and post-doctoral fellows, and support universities in hiring internationally – positioning our immigration system to meet the needs of a modern, competitive economy.
• Strengthening competition and consumer choice to lower costs and drive innovation. Budget 2025 launches bold pro-competitive measures to deliver lower prices, better service, and more choice for Canadians. It will boost telecom competition by cutting red tape, releasing new spectrum, and making it easier to switch providers. It will also advance open banking and modernise payments for Canadians through the forthcoming Real-Time Rail system. This, along with limits on non-compete clauses, will foster a fairer, more dynamic economy where Canadians pay less and get ahead.

Combined, these measures form a drastically different economic strategy to supercharge growth. Our plan focuses government spending where it delivers the highest return: in workers, businesses, and nation-building projects. This will drive lasting prosperity to help Canadians get ahead.

Quotes

“Budget 2025 is about building Canada strong: investing in our people, our ideas, and our industries. We’re ushering in a new economic strategy to supercharge growth and give businesses the confidence to invest. We will enable $1 trillion in total investments in five years – to give ourselves more than any country could ever take away.”

— The Rt. Hon. Mark Carney, Prime Minister of Canada

“This budget is about creating opportunity – giving Canadians and businesses the tools they need to be more productive, more competitive, and more successful. Canada already has the best tax environment for new investment in the G7, and now we’re going to take full advantage of it. Budget 2025 will enable $1 trillion in investment over the next five years and unlock Canada’s full potential for growth, innovation, and prosperity.”

— The Hon. François-Philippe Champagne, Minister of Finance and National Revenue

Quick facts

• The measures included in Budget 2025 put Canada on track to meet its investment objectives. Over five years, the government’s capital investments and incentives in support of third parties, totalling about $280 billion, are expected to mobilise more than $1 trillion in total investment from public, private, and institutional partners. As these investments are realised, they will drive job creation, faster growth, and stronger revenues to sustain social programs that help Canadians get ahead.
• These government capital investments support a total investment of about $315 billion in infrastructure, $270 billion in industrial development, $210 billion in research and development, $130 billion in housing, $95 billion through tax incentives, and $60 billion through accelerated depreciation and expensing.
• To date, the SR&ED tax incentives have helped Canadian businesses of all sizes conduct new and advanced research. Small businesses have benefited the most, accounting for 64% of all claims filed and receiving roughly $1.5 billion in support in 2024-25.

Associated link

• Budget 2025: Canada Strong