Conserving our oceans

$135M net impact on the budgetary balance over five years, 2026-27 to 2030-31.

The cost line

… 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

“To make further progress toward this conservation target, Budget 2026 announces new investments to establish additional National Marine Conservation Areas and work with Indigenous governments and communities, other levels of government, and the philanthropic community to advance marine conservation in the Arctic.”

Budget 2026, p. 234 (PDF p. 250)

“Specifically: Budget 2026 proposes to provide $282.7 million over 11 years, starting in 2027-28, on a cash basis, and $18 million ongoing to Parks Canada to establish and operate two new National Marine Conservation Areas.”

Budget 2026, p. 234 (PDF p. 250)

“Budget 2026 proposes to provide $9.2 million over four years, starting in 2027-28, to Parks Canada, and $10.5 million over four years, starting in 2027-28, to Fisheries and Oceans Canada, to support feasibility assessments for up to three additional National Marine Conservation Areas in the North.”

Budget 2026, p. 234 (PDF p. 250)

Amounts named in the text

Stated amounts can cover different periods, cash or accrual bases, previously announced money and loans. They are not additive with the cost line above.

• $282.7 million over 11 years, starting in 2027-28
• $18 million
• $9.2 million over four years, starting in 2027-28
• $10.5 million over four years, starting in 2027-28

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