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The Richard Smith Group

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Address Brookfield Place Suite 600 181 Bay Street Toronto ON, M5J 2T3
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Jamie Golombek

November 05, 2025

Economy Commentary
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Parliament's Hill.

2025 Federal Budget

The 2025 Federal Budget introduced new tax measures that could influence how Canadians build, manage and protect their wealth. In his 2025 Federal Budget report, prepared from within the budget lock-up in Ottawa, Jamie Golombek, Managing Director, Tax and Estate Planning, CIBC Private Wealth, highlights the key proposals most relevant to individuals, families and business owners. 
 
Read the full report: 2025 Federal Budget. 

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CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


CIBC Private Wealth services are available to qualified individuals. The CIBC logo and “CIBC Private Wealth” are trademarks of CIBC, used under license.