The long-awaited Budget 2025 has arrived. It is one of Canada’s most consequential in years, a clear pivot toward nation-building through infrastructure, housing, defence, and productivity.
These investments mark the start of Canada’s next chapter of growth and resilience in an increasingly unpredictable global economy.
Reading through the 400-page document, I could not help but feel that the new government’s tone around climate competitiveness and productivity sounds strikingly familiar. It reflects what we at Foresight Canada have been saying for years: that clean growth is industrial policy. That Canada’s prosperity depends on connecting innovation to deployment.
The additions to this year’s budget are promising, not just in scale, but in focus. They build on priorities that have long guided our work at Foresight, from aligning innovation with adoption to ensuring public investment drives productivity. With commitments to procurement reform, SR&ED modernization, clean investment tax credits, and economic sovereignty, we’re seeing the government shift from program design to execution. It is an encouraging move toward performance-based investment, where every dollar must do more, deliver faster, and drive measurable economic results.
The new government’s tone around climate competitiveness and productivity sounds strikingly familiar. It reflects what we at Foresight Canada have been saying for years: that clean growth is industrial policy.
Noah Leduc Director, Government Relations
For Foresight, this budget is not a shift — it's a confirmation.
The approach we have been advancing is already working. We are connecting technology innovation with adoption, turning public investment into long-term private sector growth, building the conditions for long-term competitiveness, and positioning Canada’s cleantech sector to lead in the industries that will define the next economy. Now is the time for cleantech innovators to be bold and present, turning today’s investments into momentum for scaled innovation and lasting sustainability.
Over the past decade, Foresight-supported ventures have raised $2.39 billion in capital, generated $605 million in new revenues, and created over 9,900 high-quality jobs across Canada. Every $1 invested in Foresight returns more than $400 to the economy — proof that impact follows execution.
Our work on the ground connects innovators with industry, accelerates commercialization, and helps Canadian firms compete in markets that matter, spanning energy, manufacturing, mining, water, forestry, agriculture, transportation, and the built environment. We’re already delivering on what this budget envisions: a more productive, resilient, and sovereign economy built through technology adoption and aligned execution.
Budgets chart the path — delivery defines the future.
In a moment that demands speed, clarity, and collaboration, Foresight is ready to deliver. With a proven portfolio of programs and a national network of partners, we are positioned to help Canada build the sustainable industries of the future — translating today’s investments into lasting prosperity and climate competitiveness across every region.
