Date of publication: Monday 1 September 2025
Budget 2025: Share Your Priorities
by Yasir Naqvi, MP, Ottawa Centre
Wednesday 13 August 2025
This fall, the Government of Canada will table Budget 2025 to address the significant challenges—and opportunities—ahead.
As your Member of Parliament, I am here to ensure your voice helps shape the future of our community and our country. Your ideas, concerns, and hopes guide the work we do together.
Hearing from you about the issues that affect you and our community is very important to me. Your lived experiences offer valuable insight that guides us in creating policies that are not only effective but also help make our community prosperous and more inclusive for everyone.
As we prepare for Budget 2025, here are some of the ways the federal government since the election has already been working to deliver results for you and Canadians across the country.
Putting More Money Back by Cutting Income Taxes
Effective Canada Day 2025, the federal tax rate on the first $57,375 of income was reduced from 15% to 14%, saving up to $420 per person or $840 per couple annually. This measure will return over $27 billion to families over five years, helping Canadians with day-to-day expenses and monthly bills.
Removing GST on New Homes for First-Time Buyers
Legislation introduced in May 2025 will eliminate GST on newly built homes up to $1 million for first-time buyers, with partial relief up to $1.5 million. This could save buyers up to $50,000 and help more young Canadians achieve homeownership.
Expanding Access to Dental Care
The Canadian Dental Care Plan is now open to eligible Canadian residents of all ages. Over 4 million people have been approved, and more than 2 million have already received care—helping Canadians access essential dental services without having to choose between their health and their bills.
Opening New Markets, Building Stronger Partnerships
Canada is advancing a trade agreement with ASEAN by the end of 2025, boosting ties in digital services, agri-food, and ocean tech. We have launched an Africa Strategy focused on renewable infrastructure and inclusive growth, and strengthened transatlantic cooperation
through the new EU–Canada Security and Defence Partnership—supporting skilled jobs, technological innovation, and global stability.
Meeting Our Security Commitments
Canada will meet NATO’s defence spending target of 2% of GDP this year and has committed to the 2035 goal of 5%. Investments in Arctic surveillance, ports, telecommunications, and emergency preparedness will protect our sovereignty, support our allies, and strengthen the Canadian Armed Forces.
Growing Our Economy
The recently passed One Canadian Economy Act is cutting through red tape by streamlining approvals for key nation-building projects, harmonizing and simplifying regulations, and improving labour mobility. It helps workers move between provinces more easily and enables businesses to grow faster by simplifying compliance and boosting productivity.
Your Voice in Budget 2025
Building on these initiatives, the federal government is seeking input to shape future policies that continue to strengthen our economy and improve everyday life for Canadians. Your feedback during this budget consultation will help guide decisions on these important topics.
The budget consultation are focussing on three questions:
1. How can the government build a strong economy today and for the future?
2. What are the most meaningful ways the Government of Canada can support Canadians in their daily lives?
3. What should be the highest priorities for Canada’s defence and security?
There’s no doubt that we are living through consequential times. The decisions we make today could have a lasting impact on Canada’s economy, society and sovereignty. That is why, I need to hear directly from you. Your experiences and ideas can shape this important budget, and ensure that the issues that matter most to our community and country are heard and addressed.
There are a few simple ways to share your feedback—either by completing the survey that is mailed to you at home, by visiting our website at www.YasirNaqviMP.ca, or by responding online by scanning the QR code in this column. Whichever method you choose, your perspective is deeply valued and will help guide the work I do on your behalf.
I invite you to take a moment to reflect on what matters most to you, your family, and our community. I look forward to hearing your insights and continuing this important dialogue together.
