As Finance and National Revenue Minister François-Philippe Champagne (Saint-Maurice–Champlain, QC) is set to present Budget 2025 on November 4, this article will discuss its priorities within the broader socio-economic context and draw a historical parallel with Jean Chrétien’s Program Review. As budgets are a confidence matter, finding support among opposition parties is imperative for the governing Liberals, especially in the context of a minority parliament. Mark Carney’s (Nepean, ON) government will need to convince potential partners that it can be fiscally responsible, while also preserving government services. However, since no opposition party has committed to su