The Canadian Investor 5 Canadian Stocks Set to Benefit from the 2025 Federal Budget
Nov 10, 2025
Big Tech is making waves with substantial earnings and hefty investments in AI infrastructure. Amazon, Microsoft, Alphabet, and Meta are all ramping up their spending, signaling a new phase in the tech landscape. As for Canada, the upcoming federal budget hints at significant shifts toward critical minerals, energy security, and defense supply chains. Additionally, the potential arrival of fiat-backed stablecoins may revolutionize the financial system while raising regulatory concerns. Tune in for insights on which Canadian stocks might thrive under these trends!
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AWS Reacceleration Fuels Dual Growth
- Amazon's AWS reaccelerated to ~20% growth driven by enterprise AI workloads and is now a massive revenue engine.
- Amazon is pairing AI infrastructure buildout with retail fulfillment expansion, driving huge CapEx plans.
Microsoft's Backlog Signals Strong AI Demand
- Microsoft booked massive long-term AI cloud commitments and pushed its commercial backlog to $392 billion.
- Azure demand and co-pilot adoption are driving high CapEx and ongoing capacity constraints.
Google Hits $100B Quarter; AI Spurs CapEx
- Alphabet delivered its first-ever $100 billion quarter driven by Search, YouTube, and Google Cloud enterprise AI.
- Google expects materially higher CapEx in 2026 to build AI data center and compute infrastructure.