Budget 2026 · Chapter 2 · pp. 155–186
A more competitive and connected Canadian economy
Trade, tariffs and major projects: the Major Projects Office and a new management entity, the Mackenzie Valley Highway, digital trade systems, and the support package for workers and businesses hit by tariffs.
Chapter 2 in numbers
- Net impact, five years
- $15.0B
- Of which capital
- $8.67B
- Measures
- 12
- With a cost line
- 7
2.1 Building a stronger, more sovereign economy
$3.29B over five years
- Supporting major projects across the country - Mackenzie Valley Highway$3.1BProgram spendingTradesInvestmentIndigenous communitiesInfrastructure & transport
- Moving major projects forward faster - Major Projects Management Entity$187MProgram spendingTradesInvestmentPublic work
Announced without a cost line
- Giving Canadians a stake in what we buildno cost lineNo cost lineLoans, equity or financingInvestment
2.2 Diversifying trade and deepening ties with reliable partners
$51M over five years
- Modernising trade systems - Digital trade$51MProgram spendingBusinessesAI & digitalPublic work
Announced without a cost line
- Managing Canada's trading relationship with the United Statesno cost lineNo cost lineLoans, equity or financing
- Opening new markets and strengthening reliable partnershipsno cost lineNo cost lineLoans, equity or financingBusinesses
- Enhancing Canada's trade finance toolkitno cost lineNo cost lineLoans, equity or financingBusinesses
2.3 Helping Canadians and their businesses navigate change
$11.5B over five years
- Supporting Canadian workers and businesses$11.3BProgram spendingLoans, equity or financingBusinessesTrades
- Supporting a more competitive wine sector$177MProgram spending
Announced without a cost line
- Delivering more responsive regional support for businessesno cost lineNo cost line
Additional investments
$143M over five years
- Major Projects Office resources$121MProgram spendingInvestmentIndigenous communitiesPublic work
- Strengthening supply chain data and analysis$22MProgram spending
The chapter cost table
| Section | 2026-27 | 2027-28 | 2028-29 | 2029-30 | 2030-31 | Total |
|---|---|---|---|---|---|---|
| 2.1 Building a stronger, more sovereign economy | 56 | 363 | 734 | 1,074 | 1,061 | 3,287 |
| 2.2 Diversifying trade and deepening ties with reliable partners | 7 | 38 | 2 | 2 | 2 | 51 |
| 2.3 Helping Canadians and their businesses navigate change | 2,178 | 4,422 | 1,820 | 1,886 | 1,194 | 11,501 |
| 2.x Additional investments – A more competitive and connected Canadian economy | 43 | 83 | 6 | 6 | 6 | 143 |
| Net fiscal impact | 2,284 | 4,906 | 2,562 | 2,968 | 2,263 | 14,983 |
| Of which, capital investment | 328 | 1,520 | 1,799 | 2,845 | 2,182 | 8,674 |