Canada to Launch $36 Billion Infrastructure Fund in Upcoming Budget

Canada's Prime Minister Mark Carney speaks during a press conference, on the sidelines of the 47th ASEAN Summit in Kuala Lumpur, Malaysia, October 27, 2025. 

Canada’s federal government is preparing to unveil a sweeping $36 billion infrastructure fund as part of its upcoming budget. The initiative will target housing, transportation, and healthcare projects, aiming to stimulate economic growth while addressing pressing national needs.

The fund represents one of the most significant infrastructure commitments in recent years. By channeling billions into local projects, Ottawa hopes to ease housing shortages, modernize public transit, and expand healthcare facilities. These investments are also expected to create jobs and provide long-term economic benefits, particularly in rapidly growing urban centers.

In addition to infrastructure spending, the budget is anticipated to include measures to phase out older military fleets in order to reduce maintenance costs, while simultaneously boosting defense funding for new equipment. This dual approach reflects the government’s attempt to balance domestic priorities with international security commitments.

The timing of the announcement comes as Canada faces mounting economic pressures, including slower growth and rising costs of living. By prioritizing infrastructure, the government is signaling its intent to stimulate demand and strengthen long-term productivity.

If approved, the fund will mark a historic investment in Canada’s future, reshaping communities and reinforcing the country’s commitment to sustainable growth.