Prime Minister Carney to outline approach for first federal budget in speech to students

Prime Minister Mark Carney is expected to offer an early look at his government’s economic priorities when he speaks to university students later today, just weeks before unveiling his first federal budget.

The address is anticipated to touch on the difficult fiscal choices facing the Liberal government as it prepares to table the 2025 budget on November 4. Officials have signalled that the plan will balance spending restraint with new investments in key national initiatives.

Carney’s remarks are likely to provide insight into how the government aims to navigate economic uncertainty heightened by ongoing U.S. trade tariffs and global market instability. Young Canadians, who will be in the audience, are expected to be among those most affected by long-term budget decisions related to jobs, education, and affordability.

The prime minister is also set to attend economic summits in Asia later this week, where global trade and investment concerns are expected to dominate discussions in the lead-up to the federal budget.