Breaking down Budget 2025

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EDITOR'S NOTE

"Our features section has two brand new stories this week: One breaks down last week's federal budget (with analysis and reaction from industry voices) and the other celebrates 10 exceptional manufacturing professionals under 40. Enjoy! "

Kirstyn Brown, Editor, Plant Magazine

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News

Finance minister says critical minerals refining is the 'name of the game'

The budget released last Tuesday outlines a plan for a $2-billion "critical minerals sovereign fund" over five years for equity investments, loan guarantees and offtake agreements.

Quebec premier lays out economic vision, warns economy headed for tough times

Premier Legault said the province risks facing a recession, and called on companies to do more to invest in Quebec's economy.

Ontario expands tax credit, trade support for manufacturers in Fall Economic Statement

Several initiatives in the plan are aimed at supporting manufacturers, particularly those affected by trade disruptions and higher operating costs.

Canadian Manufacturers & Exporters voice support for Budget 2025

In a Nov. 4 press release, CME welcomed the reinstatement of immediate expensing for manufacturing machinery and equipment, as well as the introduction of immediate expensing for manufacturing and processing buildings.

Features

Meet the winners of Plant's Top 10 Under 40 awards

The winners of Plant’s inaugural Top 10 Under 40 program are shaping the future of Canadian manufacturing through bold ideas, sustainable practices and a commitment to building a resilient industry.

FIRST TAKE: What does Budget 2025 mean for the manufacturing industry

Early reviews seem tentative, with a mix of praise and trepidation coming from both sides of the aisle.

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