Canada PM Carney says federal budget will come in the autumn


  • World
  • Sunday, 18 May 2025

FILE PHOTO: Canada's Prime Minister Mark Carney delivers remarks at Marmen Inc., a steel fabrication and machining company, during his Liberal Party election campaign tour in Trois-Rivieres, Quebec Canada April 22, 2025. REUTERS/Carlos Osorio/File Photo

TORONTO (Reuters) -Canadian Prime Minister Mark Carney said on Sunday the federal government will present a budget in the autumn, days after the finance minister had said the new Liberal government will have an economic update later in the year.

Carney's announcement after he attended Pope Leo XIV's inauguration at the Vatican came days after Finance Minister Francois-Philippe Champagne said the new government will table an economic update later in the year, implying it will not present an annual budget in the near term.

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