IYR Explains: The 2025 Federal Budget – IYR

TL;DR

In this edition of IYR Explains, we’re breaking down the federal 2025 Budget.

Details

Budget 2025 At A Glance

• On November 4, 2025, the Liberal government under Prime Minister Mark Carney released its first federal budget.
• In Budget 2025, Indigenous programs through Indigenous Services Canada (ISC) and Crown-Indigenous Relations and Northern Affairs Canada (CIRNAC) face a 2% cut in funding, which amounts to $2.3 billion. This follows up on Carney’s commitment to government-wide reductions in spending, with most other departments facing a 15% cut.
• Much of the new commitments allocated specifically to Indigenous communities in Budget 2025 are around infrastructure and economy.

Read More: https://indigenousyouthroots.ca/iyr-explains-the-2025-federal-budget