warre & vavasourBudget 2026 Explorer

Chapter 3 · Additional investments - A more affordable life

Administration of the First Home Savings Account

Program spendingIncludes capital investment

$62M net impact on the budgetary balance over five years, 2026-27 to 2030-31.

Net impact by year, CAD millions (accrual)
—2026-27$20M2027-28$20M2028-29$21M2029-30$0M2030-31

The cost line

Chapter 3 cost table, millions of dollars, accrual basis. Budget 2026, p. 220 (PDF p. 234).
Line2026-272027-282028-292029-302030-31Total
Administration of the First Home Savings Account…2020210*62

… no change to existing funding or no fiscal implication · – a further extension will be considered later · 0* less than $0.5 million. Positive numbers cost the budget (spending or forgone revenue); negative numbers improve it.

What the budget says

“Funding proposed for CRA for continued administration of the First Home Savings Account.”

Budget 2026, p. 220 (PDF p. 234)

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