Chapter 5 · 5.3 Protecting Canadians from digital and financial threats
Addressing national security risks from investments by financial institutions
No cost line
No line of its own in the chapter cost table. Announced in the text without its own line in the chapter cost table: regulatory, already funded, or costed elsewhere. Amounts in the text below may be previously announced, funded from existing resources, or financing rather than budgetary cost.
What the budget says
“As such, Budget 2026 proposes to: Amend the Bank Act to provide the Minister of Finance with the authority to order the divestiture of investments held in Canadian businesses by banks if national security concerns emerge.”
Budget 2026, p. 279 (PDF p. 295)
Also in this section
- Delivering Canada's National Anti-Fraud Strategy$6MProgram spendingAI & digital
- Cracking down on tax evasion and financial crime$122MProgram spending
- Modernising privacy legislationno cost lineNo cost line
- Protecting against economic abuseno cost lineNo cost line
- Detect, disrupt, deter financial crimesno cost lineNo cost line
- Consulting on Canada's Common Reporting Standard rulesno cost lineNo cost line