Overview

• Prime Minister Mark Carney has sworn in a 28-member cabinet and 10 secretaries of state, blending Trudeau-era veterans with first-time appointees.
• The government deferred the 2025 federal budget to a fall economic statement but will prioritize a middle-class tax cut by July 1 through a ways-and-means motion.
• Carney outlined an aggressive agenda, including a U.S. trade deal, doubling housing construction, dismantling internal trade barriers, and boosting military spending by Canada Day.
• New cabinet committees were established to focus on economic growth, government efficiency, and Canada-U.S. relations, reflecting a corporate-style governance approach.
• Notable cabinet changes include the removal of Jonathan Wilkinson and Bill Blair, while François-Philippe Champagne and Chrystia Freeland retain key economic roles.