Jack Mintz: An investment banker’s dream budget

 

 

 

 

 

 

 

DR. JACK MINTZ
President’s Fellow at the School of Public Policy,
University of Calgary

A closer look at the 2025 federal budget reveals a policy package purpose‑built to ignite high‑value transactions and energize Canada’s capital markets. Massive infrastructure investments, expanded capital‑gains exemptions, and a revamped corporate‑tax framework together create fertile ground for banks and financial institutions to pursue mergers, acquisitions, and advisory work.

In this article, Jack Mintz unpacks the budget’s key provisions and show how they translate into a surge of deal flow. Mintz also examines the government’s evolving role as a partner to investment interests – rolling out targeted incentives, expanding program spending, and embracing fiscal expansion – and consider what these moves mean for taxpayers, social programs, and long‑term economic sustainability.

Which sectors stand to benefit the most, and does this growing alignment between public policy and investor priorities truly serve the broader public? A must-read for business leaders, finance professionals, and anyone who wants to understand how the state is beginning to speak the language of the market.

Click here to read the full analysis.