As Canada looks to issue its 2025 federal budget, the Department of Finance has announced a technical media briefing for October 6, 2025. This pre-budget session aims to give accredited reporters a thorough understanding of the federal budget. The budget will be released on November 4.
The briefing will take place at the National Press Theatre in Ottawa
The session will be both in-person and virtual. The briefing will take place under embargo, meaning the information the Press will receive will be confidential until the budget materials are tabled in Parliament. Department of Finance senior officials will lead the briefing.
Finance Minister François-Philippe is also scheduled to meet with the Press and is speaking at the FINA meeting on the same day.
The Department of Finance’s announcement of a technical briefing as a way to inform the public about the budget is a positive step in open public discourse. With journalists receiving budget material under embargo, the government will ensure complete and accurate coverage of the budget as it is tabled in parliament.
The media present must agree prior to the session not to share or speak on the embargoed topics until the lift is made official. This is to allow time for preparation and for a more nuanced understanding, so Canadians will receive accurate and contextualized coverage on the implications of the budget.
KMPG to provide strategic advice and interviews
Alongside government preparations, KPMG Canada has made available for media interviews its senior leaders and subject matter experts for the period prior to and following the budget announcement.
KPMG experts will discuss a breadth of issues expected to be included in the 2025 budget.
Economist and partner at KPMG, Caroline Charest states:
“The ripple effects from the high cost of housing and lack of supply are being felt throughout the economy. New and young Canadians are being shut out from purchasing and are finding rentals scarce and costly.”
As per KPMG advisory, this will span issues such as corporate and personal tax, trade and tariffs, productivity, business and artificial intelligence, as well as infrastructure, housing and, strategic industries like energy, mining, and retail.
KPMG will also be conducting a post-budget webcast on November 5, which will have former Finance Minister Bill Morneau and Goldy Hyder, CEO of the Business Council of Canada, as the guests, and moderated by Rob Carrick, a financial journalist.
Stephanie Terrill, KMPG’s Canadian Managing Partner for Digital and Transformation, along with KMPG Canada’s AI lead, Gary Fildan, will review how the budget approaches digitally driven innovation and AI legislation.
Tax experts Brian Ernewein and Dino Infanti will be commenting on the anticipated corporate and personal tax policy changes.
Federal Budget 2025: anticipation of key themes
The expected 2025 federal budget will respond to a number of the most pressing social and economic challenges. Anticipated budget investments in innovation, digital transformation, and clean energy will complement government goals for long-term economic growth.
The preliminary budget briefing will help the public understand how these priorities are driven by the budget’s policy and allocation decisions.
Canadian journalists will engage finance officials in conversations about the motivation for key choices in the budget, bringing clarity to the government’s fiscal perspective.
In order to help stakeholders guarantee that Canadians understand the elements and implications of the budget, the stakeholders are going to hold a government-initiated technical briefing, and include expert analysis from companies like KPMG to help with public understanding.
The briefing will also help the dialogue about fiscal policy be more open and engaging. With the collaboration of government and private sector analysis, close to the release of Budget 2025, public understanding will be greatly influenced. Since the economy is at a critical point, the choices made during this budget will influence the financial stability and long-term flourishing of Canada.