Jim Balsillie, chair of the Council of Canadian Innovators (CCI) and former co-CEO of Research in Motion, has called it “the most important budget” of his lifetime.

Budget 2025 is a collection of firsts: Canada’s first fiscal update since a trade war broke out with the United States, and the first budget from a revamped Liberal party led by Prime Minister Mark Carney. As experts warn of faltering productivity, the stakes are high for this budget to protect Canada’s economic sovereignty while limiting its vulnerability to an unpredictable trade partner.

With the nation’s economic future in question, Canadian innovators have a role to play. Artificial intelligence (AI), quantum technology, and dual-purpose defence tech have all been named by the federal government as points of focus in its

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