Finance Minister François-Philippe Champagne says that "Canada should be prepared for a generational investment" as the federal government tees up its next budget, set to be presented in early November. Meanwhile, the Conservatives are waiting for clarity before deciding on support.

"This is like 1945," Champagne said in an interview on _Rosemary Barton Live_ that aired Sunday morning. "This is the moment where Canada needs to reinvent itself.... For me, it's more like a down payment in the future prosperity of Canada."

Champagne has spent the last few days laying the groundwork for what is expected to be a costly budget that he argues is necessary for Canada to steer itself away from its reliance on the United States, which still has tariffs on Canadian goods.

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