A second Act to implement certain provisions of the budget tabled in Parliament on November 4, 2025

Bill C-31 (45-1) is the second bill to implement the federal budget tabled on November 4, 2025, the Carney government's first full budget. It puts a wide range of tax and spending measures into law, including temporary faster write-offs for new manufacturing buildings, automatic delivery of federal benefits to lower-income Canadians who do not file a return, a crypto-asset reporting framework, an expanded clean-hydrogen investment tax credit, and Canada's part of the OECD global minimum tax on large multinationals. It also creates a new Defence Investment Agency for military procurement, restricts non-compete clauses under the Canada Labour Code, and changes how air-passenger complaints are handled. Budget implementation acts are confidence matters.