Question Period Note: Budget 2025: Meeting the moment, building Canada strong

About

Reference number:
DFO-2025-QP-00038
Date received:
Dec 4, 2025
Organization:
Fisheries and Oceans Canada
Name of Minister:
Thompson, Joanne (Hon.)
Title of Minister:
Minister of Fisheries

Suggested Response:

• The government and my Department are making key investments through Budget 2025, a generational investment plan focused on building an economy that is strong, self-sufficient, and more resilient to global shocks.
• The Government of Canada is committed to continuing to help Canada’s fish and seafood sector transition to meet growing market demands. Budget 2025 focuses driving growth and innovation, with the launch of a new Trade Diversification Strategy. The strategy will help our fish and seafood industry expand exports overseas, ensuring strong economic growth here at home in our Atlantic and coastal communities.

Background:

• On November 4th, the Government published Budget 2025: Canada Strong focused on building major infrastructure and homes to transform the economy, protecting our communities and borders, and empowering Canadians with better careers and a more affordable way of life.
• Canada is facing global uncertainty and economic disruption, prompting a shift toward greater resilience and self-sufficiency. Budget 2025: Canada Strong outlines a plan to invest in housing, infrastructure, defence, and productivity, while reducing government operational spending. With $60 billion in savings and new revenues, the budget aims to unlock $1 trillion in investments over five years, modernize government, and empower Canadians through better jobs, services, and affordability. It’s a strategy to build a stronger economy by Canadians, for Canadians.

Additional Information:

None