Industry Canada’s annual plan projects $3.9-billion boost to budget by 2027-28

The largest increase is tied to what the department categorized as 'companies, investment, and growth' with the budget growing from $3.2-billion in 2024-25 to nearly $7.7-billion by 2027-28.
Industry Minister Mélanie Joly is among four MPs responsible for Innovation, Science, and Economic Development Canada's many files.

The department at the forefront of Canada's efforts to control the damage caused by United States President Donald Trump's tariff and trade policies is projecting a 75-per-cent spending increase over the next three years.

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.


Already a Subscriber?

Get Tuesdays: Innovation & Industry Newsletter

The policies, decisions, and people working on investment and regulation in the industry and innovation realm.


By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy

MORE News

RELATED STORIES