Canada’s 2025 Budget Explained: The Key Takeaways in 5 Minutes

November 9, 2025

What’s Happening This Week: Markets & Canada’s Big Moves


Here is your weekly update on what is going on in the real estate market. From localized announcements to international trends, stay in the know about what is going on all things real estate. 


Canada’s 2025 Budget: A Bold New Economic Blueprint 

Canada’s 2025 federal budget is being called “a new economic foundation”, with $141B in new spending, major shifts to energy, housing, and immigration, and cuts to public-sector jobs. See how these changes could reshape Canada’s economy and housing market in the years ahead.

Watch Here Watch Here

Canada’s 2025 budget: Economists urge patience as mortgage, housing sectors await impact

CMP Magazine

Canada’s first federal budget under Prime Minister Mark Carney focuses on long-term investment, but economists warn its impact will take time to show. Growth is projected at just 1.1% in 2025 and 1.2% in 2026, with unemployment near 7%. Deficits remain high, reaching $78.3 billion this year.

Read More Read More

Ontario's goal of 1.5 million more homes in 10 years now a 'soft' target: finance minister

CBC Toronto

Ontario has lowered its housing construction projections again, moving further from its 10-year goal of 1.5 million homes — now called a “soft” target. It’s the third downward revision in a row, with ministers shifting focus toward accelerating approvals and breaking ground faster.

Read More Read More

Need a break from real estate news? See why people love living here! Check out some upcoming events and activities happening in the Bay of Quinte and Prince Edward County region!

Christmas Market – Presented by Marshland Creations & Grand Trunk Market

Discover the flavours and creativity of the season at this vibrant fall market, open November 9 from 9:00 am – 2:00 pm! Explore over 100 homemade preserves, from jams and jellies to salsa and pickles, alongside a variety of handmade crafts, including upcycled denim purses, candles, and silkscreen T-shirts. The market runs weekends from November 8 – 30, offering something new to enjoy each visit!

Industry Meet Up Monday’s at Meyers Creek Brewing! Work in the food and beverage industry, and your day off is always on a Monday? Because after a week of work, it’s time to kick back, relax, and have some fun.

Learn More Learn More

Vendor Pop Up @ Meyers Creek Brewing – Hogg Food Co

Spice up your Saturday with Hogg Foods! Join local maker James Hogg on November 9 from 1:00 pm – 4:00 pm at Meyers Creek Brewing for a tasting of his small-batch hot sauces. Made with locally grown peppers from Prince Edward County, each bottle blends perfect heat and flavour — and there might even be a brand-new sauce debut!

Learn More

Why Belleville Homeowners Trust The Kehoe Group

Belleville, Ontario blends small-town charm with big-city convenience, making it one of Eastern Ontario’s most desirable places to live. From historic Old East Hill homes to modern north-end builds, it attracts families, professionals, and investors alike. The Kehoe Group at RE/MAX Quinte provides expert marketing, local insight, and trusted real estate guidance in Belleville’s growing market.

Learn More Watch Here

Bay of Quinte & Prince Edward County Real Estate Blog

Best REALTOR in Belleville: Why Homeowners Trust The Kehoe Group?

November 6, 2025
Best REALTOR® in Belleville? Discover why locals trust The Kehoe Group for expert marketing, honest advice, and in-depth knowledge of the Bay of Quinte market.

Canada’s Economy Is Reshaping — and the Bank of Canada Knows It

November 2, 2025
Rate Cuts and a Turning Point: Is Canada’s Housing Market Ready to Rebound?