Canada Budget 2026 unveils major spending and tax measures
Government of Canada
· November 05, 2026
· ✓ verified
The Department of Finance Canada has announced Budget 2026, a federal budget package covering investment, social programs, culture, sovereignty, and defence measures.
- Main measures: The budget includes a $25 billion Canada Strong Fund, a $930 million SR&ED expansion, over $50 billion for the National Electricity Strategy, $518.5 million for nuclear energy, just over $634 million for EV charging, and $2.3 billion for critical minerals.
- Other details: It also provides $44.7 billion over 11 years for housing, $7.6 billion over five years for Operation REASSURANCE, and up to $2.5 billion in financing to De Havilland Canada for waterbomber production capacity; the text is a budget backgrounder/announcement, not a retrospective on a prior deal.