CTV Question Period with Vassy Kapelos Podcast

CTV QP Podcast #506: Will the federal budget pass?

Nov 2, 2025
Tim Hodgson, Canada's Federal Minister of Energy, shares insights on G7 energy meetings and Canada’s critical minerals initiatives. He discusses diversifying supply chains and the implications of China’s export restrictions. Former Finance Minister Bill Morneau analyzes the upcoming budget's role in boosting investment and infrastructure priorities. Political analyst Scott Reid offers strategic context on the potential for a Christmas election, debating party readiness and the risks involved. Together, they explore the intricate balance of economic policies amid geopolitical challenges.
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INSIGHT

Diversity Over Dependence

  • Tim Hodgson emphasized G7 action to diversify critical mineral supply chains away from single-country dominance.
  • He said 26 contracts with nine countries will bring $6.4 billion of Canadian projects and new jobs.
INSIGHT

Security Framed By Real-World Threats

  • Hodgson framed supply-chain security as a global issue highlighted by Ukraine's infrastructure attacks.
  • He argued democracies must build resilient energy and minerals supply chains to prevent geopolitical leverage.
ADVICE

Use Budget To Spur Investment

  • Bill Morneau urged the budget to prioritize measures that increase investment and productivity in Canada.
  • He recommended using tax policy and infrastructure financing to catalyze private capital and big projects.
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