warre & vavasourBudget 2026 Explorer

Chapter 1 · 1.2 Building a cleaner, more competitive economy

Growing Canada's nuclear advantage and powering our electricity future

Program spendingIncludes capital investment

$419M net impact on the budgetary balance over five years, 2026-27 to 2030-31.

Net impact by year, CAD millions (accrual)
—2026-27$97M2027-28$105M2028-29$109M2029-30$108M2030-31

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
Measure…100108113112433
Less: Projected revenues—−3−3−4−4−14
Net fiscal impact—97105109108419

… 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 implement key commitments under the Strategy, Budget 2026 proposes to provide $518.5 million over five years, starting in 2027-28, and $18.1 million ongoing to advance Canada's nuclear research, supply chains, workforce, and regulatory capacity.”

Budget 2026, p. 131 (PDF p. 141)

Key facts

  • Proposes $518.5 million over five years, starting in 2027-28, and $18.1 million ongoing to advance Canada's nuclear strategy. Budget 2026, p. 131 (PDF p. 141)

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.

  • $22 billion
  • $88 billion
  • $94 billion and $202 billion annually
  • $518.5 million over five years, starting in 2027-28, and $18.1 million ongoing
  • $261 million over five years, starting in 2027-28, and $14 million ongoing
  • $127 million over five years, starting in 2027-28, and $1 million ongoing
  • $131.1 million over five years, starting in 2027-28
  • $18.3 million

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