11 major highlights from the 2026 federal budget — including one price tag still missing
Toronto Star · Tonda MacCharles ·
Here’s your cheat sheet to the Carney government’s second budget.
Here’s your cheat sheet to the Carney government’s second budget, which tackles the twin tasks of surviving the Trump tariff era and laying the runway for greater Canadian prosperity and self-reliance.
NEW SPENDING:
The 2026-27 budget plans $151.5 billion in new spending over five years. That includes big-ticket items announced since the spring, like the $36-billion productivity “mega” deduction for businesses; big money to fight homelessness, and more cash for low-income households.
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