Overview
- MPs defeated a Bloc Québécois amendment on Friday to reject the Liberal budget, one day after voting down a Conservative sub-amendment in the first test.
- The Liberal caucus now holds 170 seats after Chris d’Entremont crossed the floor, though it has 169 voting MPs because the Speaker only votes to break a tie.
- Conservatives say they will oppose the budget and the Bloc has signalled resistance, while the NDP continues to review its position heading into the final vote.
- Conservative MP Matt Jeneroux announced he will resign from the House and said coercion was not a factor, adding uncertainty to the Commons arithmetic.
- Carney and Pierre Poilievre delivered duelling Toronto speeches to business audiences, contrasting an investment-led plan with a market-first, deficit-cutting alternative, as the budget projects a C$78.3 billion deficit for 2025–26.