Interactive Activities

Explore Budget 2025 through interactive quizzes, simulations, and analysis tools

Activity 3

Knowledge Quiz

1. What is the slogan associated with Budget 2025?

2. Relative to earlier budgets, Budget 2025 places greater emphasis on:

3. In the new fiscal framework, what is meant by the "operating balance"?

4. What is the target year for balancing the operating budget?

5. Approximately how much is allocated to housing initiatives over five years?

6. What is the approximate projected deficit for 2025–26?

Activity 1

Budget by the Numbers

Rank these key budget figures from most concerning to least concerning

Drag to Rank (Most concerning at top)
Total Deficit (2025–26): $78.3B

Highest in decades outside recessions

Net New Spending (5 years): ~$140–141B

Heavily weighted to capital projects

Defence Spending: ~$30B over 5 years

Progress toward 2% of GDP NATO target

Housing Spending: $25B over 5 years

Supply-side focus, 3.87M homes target

AI/Innovation: $2.4B+ over 5 years

AI, quantum, and digital regulation

Operating Balance Target: 2028–29

Day-to-day spending vs. revenue

Reflection Questions
Activity 4

Stakeholder Impact Analysis

Select a stakeholder group and analyze how Budget 2025 affects them

Students / Young Workers

Ages 18–30

Low-Income Households

Bottom 20% of income distribution

Middle-Income Households

Middle 60% of income distribution

Small Business Owners

Local and regional businesses

Large Corporations

Major investors and firms

Retirees

Ages 65+

Activity 7

Scenario Planning Exercise

Explore how different economic scenarios would affect Budget 2025

Higher-for-Longer Interest Rates

Interest rates remain elevated (1–2 percentage points higher) for several years due to persistent inflation or global factors.

Stronger-Than-Expected Global Growth

Global economy grows faster than expected, boosting Canadian exports and economic activity while inflation remains moderate.

Housing Supply Targets Not Met

Only 2 million homes built instead of 3.87 million due to municipal resistance, construction capacity constraints, or financing challenges.

Geopolitical Crisis Requiring Defence Spending

Major geopolitical event requires additional $20 billion in urgent defence spending that cannot be delayed.