The Canadian Federation of Agriculture (CFA) views the 2025 Federal Budget as a step forward in recognizing the importance of Canada’s agriculture sector. While several CFA recommendations were reflected in the budget, either as new spending commitments or a reannouncement of previous commitments, a number of critical areas remain unaddressed to seize Canadian agriculture’s full strategic potential as an economic driver for Canada. However, measures related to modernization of the Canadian Food Inspection Agency (CFIA), red tape reduction, and trade diversification funding present a promising opportunity to advance regulatory efficiency and strengthen trade-enabling infrastructure that supports agricultural growth.
The Budget includes positive measures such as realizing the previous commitment to invest $5 billion in major infrastructure projects, increased investments in CFIA to modernize trade tools and expand market access for farmers, as well as beneficial tax treatments and tax incentives for business, including a re-establishing the Accelerated Investment Initiative, which provides an enhanced first-year allowance for certain eligible property that is subject to the capital cost allowance (CCA) rules. These initiatives align with CFA’s ongoing advocacy for a more competitive and resilient agri-food system.
“We appreciate the government’s recognition of agriculture in Budget 2025 and welcome the inclusion of several measures that support farmers,” said Keith Currie, CFA president.
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