warre & vavasourBudget 2026 Explorer

Chapter 1 · Additional investments - Canada's Investment Supercycle

Arctic offshore oil and gas governance

Program spending

$11M net impact on the budgetary balance over five years, 2026-27 to 2030-31.

Net impact by year, CAD millions (accrual)
—2026-27$1M2027-28$3M2028-29$3M2029-30$3M2030-31

The cost line

Chapter 1 cost table, millions of dollars, accrual basis. Budget 2026, p. 151 (PDF p. 161).
Line2026-272027-282028-292029-302030-31Total
Arctic offshore oil and gas governance…133311

… 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 CIRNAC to support the governance and oversight of offshore oil and gas activities in the Arctic Ocean.”

Budget 2026, p. 151 (PDF p. 161)

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