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How will Canadian businesses navigate the complex maze of politics and policy?
Explore insights to help business leaders navigate disruption, unlock impact and build long-term value
In Canada, businesses are entering into a new era of uncertainty. New national leadership at home — and in the United States — is reshaping everything from supply chains and procurement to operating models, tax structures and sustainable growth. In times of disruption, leaders should seize the opportunity to build enterprise resilience, drive transformation and reframe their organizations’ future.
- How can you realize tomorrow’s opportunities today?
- Stay current with the latest federal leadership updates, provincial budgets and fiscal policies.
- Map out scenarios to understand how policy and political changes may impact your business.
- Connect modelling and planning to adapt operations in the short term and build enterprise resilience for the future.
Turn ambiguity into opportunity. Explore our insights today.
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Are you ready to jump on opportunities woven into Canada’s 2025 provincial and territorial budgets?
Explore tax incentives, credits, innovation drivers and other measures announced in this year’s budgets to carve out a competitive edge. Read our provincial and territorial budget analyses here.
Northwest Territories budget — 7 February 2025
Nova Scotia budget — 18 February 2025
Nunavut budget — 24 February 2025
Alberta budget — 27 February 2025
British Columbia budget — 4 March 2025
Yukon budget — 6 March 2025
New Brunswick budget — 18 March 2025
Saskatchewan budget — 19 March 2025
Manitoba budget — 20 March 2025
Quebec budget — 25 March 2025
Newfoundland and Labrador budget — 9 April 2025
Prince Edward Island budget — 10 April 2025
Ontario budget — 15 May 2025
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Trending
Liberal Party’s 2025 election platform tax measures
On 28 April 2025, subject to any potential recounts, the federal Liberal Party was re-elected with a minority government. As it stands at the time of writing, the Liberal Party has 169 seats and will thus need the support of a few members of the opposition parties – likely from the New Democratic Party or the Bloc Québécois – to adopt their commitments, which include a number of proposed tax measures for individuals and corporations (a minimum of 172 seats is required to have a majority of seats in the House of Commons).
EY tax leaders available for insights on 2025 provincial budget announcements across Canada
EY’s spokespersons form a roster of 12 experienced tax leaders representing six different markets from coast to coast.
How tax and trade leaders can prepare for global tariff disruption
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Navigating the Future: Canadian CEOs' Perspectives on 2025
Explore the Canadian economic outlook through a CEO perspective, focusing on strategic priorities and transformations driving future growth.
This will be a federal budget unlike any other in Canadian history. It comes at a pivotal time and in the wake of significant political upheaval. Businesses should consider preparing for announcements aimed at supporting sectors of the economy that could be affected by evolving US policies. Key areas of focus include the housing situation, the challenges within our healthcare system, and the evolving discussions around environmental and climate initiatives, such as Canada’s carbon tax. These are the big-ticket items Canadian businesses should start to think about now.
Albert Anelli
EY Canada Managing Partner, Tax
Our team
Let’s talk possibility. Reach out to our team to explore what policy and political changes mean for your business now, and how you can channel change into long‑term value.