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AED responds to Canada’s 2025 Federal Budget

AED praised future plans for business growth, trade infrastructure, and faster approval for major projects

A Canadian flag
The Associated Equipment Distributors responded to The Canadian Federal Budget for 2025 in relation to the effects on the construction, agriculture, and equipment manufacturing industry. Cris DiNoto/Unsplash

The Associated Equipment Distributors (AED) joined lawmakers on Parliament Hill to represent U.S. and Canadian heavy equipment distribution and manufacturing sectors. The association shared its response to the federal government's 2025 budget announcement. The association's executive outlined how the budget measures will impact the competitiveness of the North America infrastructure, construction, agriculture, and mining sectors.

"AED is the largest Canadian/American trade association fighting for a free trade environment on both sides of the border. This morning, we are in Ottawa, with a joint delegation of Canadian and American members to deliver a message aimed at economic prosperity and economic growth," stated AED President and CEO Brian McGuire.

AED commended the Federal Budget for:

  • Increased emphasis on overall business growth
  • Investment in overall infrastructure and trade infrastructure
  • Commitment to faster approval for major projects
  • Reinstatement of Accelerated Investment Incentive

Voices from AED leadership 

"Overall, our members are pleased to see a far greater seriousness about building a more competitive Canadian economy than in recent Federal Budgets. This approach will strengthen the overall North American economy," stated McGuire.

"AED members are particularly supportive of the Budget's investments in infrastructure and trade infrastructure. Canada was long overdue to invest in infrastructure that can fuel economic growth. Infrastructure investment of $115B over five years is a serious approach to powering economic and trade ambitions," outlined Craig Drury, past chair of the board AED and prominent Canadian member.

AED also underscored its support of the announced Federal Major Projects Office, "the government has launched the Major Projects Office to fast-track nation-building projects, and Build Canada Homes, which should help double the pace of construction over the next decade. These are positive announcements and commitments our industry will hold the government to account on.  It cannot be business as usual on major infrastructure projects. We support this change of direction," said Canadian AED board member, Michael Rugeroni. "AED also supports the reinstatement of the Accelerated Investment Incentive, which provides an enhanced first-year write-off for most capital assets."

Finally, AED made clear its pro free trade message,  "AED has made clear to the U.S. House of Representatives, the U.S. Senate, and the Administration that free trade is essential for AED members and the industries we serve on both sides of the Border. AED believes that the CUSMA/USMCA agreement is foundational to the success of both economies of Canada and the U.S. Members are here to help ensure that message is delivered to all governments.  AED members serve the North America infrastructure, construction, agriculture, and mining sectors that all require free trade to succeed," concluded Jerry Donlon, chair AED Board of Directors.

Company info

600 W. 22nd Street, Suite 220
Oak Brook, IL
US, 60523

Website:
aednet.org

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