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Scotiabank Notes Canada's Prime Minister to Make Cost-of-Living Announcement on Friday
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Scotiabank Notes Canada's Prime Minister to Make Cost-of-Living Announcement on Friday
Oct 10, 2025 5:13 AM

07:53 AM EDT, 10/10/2025 (MT Newswires) -- Prime Minister Mark Carney's office has sent out a notice about a 9 a.m. ET Friday press conference to "make an announcement on new measures to bring down costs for Canadians" alongside Finance Minister Francois-Philippe Champagne, noted Scotiabank.

When they have previously made such announcements, it has been to deliver the tax cut to lower-income brackets, to eliminate or reduce the GST on first-time home buyers around price thresholds, and to axe the consumer portion of the carbon tax, said the bank. Those were all billed as "bringing down costs for Canadians."

Expect a lot of this between now and Nov. 4 when the budget will be presented, stated Scotiabank. The federal government's typical playbook is to announce most things before the budget to lessen surprises on game day.

There are lots of teasers and advance releases coming over the next three weeks, added the bank.

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