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Federal budget

The budget serves as the annual blueprint for the government’s economic agenda. Prepared by the Department of Finance Canada, it was previously presented early in the year, followed by an economic and fiscal update in the fall. However, starting with Budget 2025, the federal budget will now be delivered in the fall, followed by an economic and fiscal update in the spring as the new fiscal year begins.

If you're interested in learning about how budgets are created and approved in the House of Commons and how they are part of the government's yearly financial process, visit the House of Commons website for more information.

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