Parliament officially resumed on 22 November with the re-election of Speaker Anthony Rota, and the Speech from the Throne read by Governor General Mary Simon the following day.

Six months into the first session on 22 March 2022 it was announced that the New Democratic Party would support the government with confidence and supply measures.

On 6 January 2025, amid political pressure, Trudeau announced that he would resign as leader of the Liberal Party and as prime minister once his successor is elected.

[45] Bill C-32 created the First Home Savings Account as a new registered savings plan and the Multigenerational Home Renovation Tax Credit; made income derived from house-flipping into business income for taxation purposes; created a temporary 15% tax on the taxable income of banks that exceeded $1 billion; and, in response to the Russian invasion of Ukraine, increased maximum financial assistance that can be provided to foreign states from US$5 billion to C$14 billion.

On healthcare, the Canada Dental Benefit was created with Bill C-31 with the Liberals, NDP and Green Party in support, and Conservatives and Bloc opposed.