Canada Fall Economic Update 2025

Canada Fall Economic Update 2025. More details on these important modernization efforts will be announced in the 2025 fall economic statement. This increase is largely driven by exports, particularly in energy and motor vehicles, and some pickup in household.

Relative to the march 2025 budget, the government’s economic outlook for this year is more positive, driven in part by significant population growth. Although the update does not include any new changes to the corporate or individual (personal) tax rates, it announces several proposed changes to the tax credit for career extension and certain changes related to quebec’s increase to the capital.