Montreal Mayor Soraya Martinez Ferrada will present her 1st budget Monday morning
Posted January 12, 2026 8:17 am.
Montreal Mayor Soraya Martinez Ferrada is slated to present her administration’s first budget Monday which she promises will “(manage) public money wisely while improving the lives of Montrealers,” according to her party’s electoral financial plan
The mayor will host a news conference in the morning to introduce this year’s budget and go over Montreal’s 2026-2035 capital expenditure program. She will then table both of them in the afternoon.
The mayor is promising her financial game plan will consist of cutting what she calls excess spending to free up funds that will be spent on her administration’s priorities.
In the past, Martinez Ferrada had promised to triple the budget linked to tackling homelessness, revitalize Montreal’s east end, implement a municipal hiring freeze and cut 1,000 jobs at city hall held by non-frontline workers.
“These projects address the concrete challenges of your daily life: finding adequate housing, living in a clean and safe city, simplifying bureaucracy, and preparing for the future with the ambition a metropolis should have,” reads Ensemble Montréal’s financial plan penned in the lead up to November’s election.
In the same document, Martinez Ferrada’s party said that the budget will be made amid “major financial challenges,” and that “difficult financial choices will have to be made to respect taxpayers’ ability to pay and reduce the debt.”
Ensemble Montréal is projecting the budget to save $320 million over the course of Martinez Ferrada’s 2026-2029 term.
The administration also says that they plan to spend around $303 million on spending related to its electoral promises over the same period.
City council has until the end of January to approve the budget.
Valérie Plante, Martinez Ferrada’s predecessor, tabled a budget totalling $7.28 billion in late 2024. At the time, it represented an increase of 4.2 per cent.
