Ontario’s 2025 budget includes support for new hospital in Campbellford and major provincial investments
The 2025 Ontario Budget promises significant investments in health care and infrastructure across the province — including funding that will help advance the redevelopment of Campbellford Memorial Hospital.
Finance Minister Peter Bethlenfalvy released A Plan to Protect Ontario on Thursday, outlining $200 billion in infrastructure investments over 10 years, with more than $56 billion earmarked for health care.
Local MPP David Piccini says this budget supports the long-anticipated replacement of the Campbellford hospital, a key project for residents in Trent Hills and across Northumberland County.
The new hospital is expected to improve patient care, create construction jobs, and support the local economy, while easing pressure on regional facilities.
The budget also proposes measures to protect Ontario businesses and workers from economic uncertainty, including a $5-billion Protecting Ontario Account to support sectors hit by tariffs. It also commits $1 billion in new funding over three years to train skilled workers, and proposes permanent gas and fuel tax cuts to save families money.
“This budget recognises the need to keep Ontario competitive while investing in the services people count on,” said Bethlenfalvy. “It’s about protecting jobs, families and communities.”
Ontario’s deficit is projected at $6 billion in 2024–25, down from $9.8 billion forecast last year. The province plans to return to a balanced budget by 2027–28.
Quick budget highlights include a $500-million critical minerals processing fund, $3 billion in Indigenous loan guarantees, and $1.3 billion in business tax credits for manufacturing investments.
(Written by: Joseph Goden)