warre & vavasourBudget 2026 Explorer

Chapter 4 · 4.1 Bringing Canadians together by celebrating our stories and places

Investing in our oceans

Program spendingIncludes capital investment

$1.19B net impact on the budgetary balance over five years, 2026-27 to 2030-31.

Net impact by year, CAD millions (accrual)
$20M2026-27$259M2027-28$278M2028-29$304M2029-30$324M2030-31

The cost line

Chapter 4 cost table, millions of dollars, accrual basis. Budget 2026, p. 249 (PDF p. 265).
Line2026-272027-282028-292029-302030-31Total
Investing in our oceans203012813043241,231
Less: Funds sourced from existing departmental resources—−42−3——−45
Net fiscal impact202592783043241,186

… 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

“In September 2026, we announced a historic $1.2 billion over four years, starting in 2027-28, to better protect our oceans and the life they sustain.”

Budget 2026, p. 233 (PDF p. 249)

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.

  • $1.2 billion over four years, starting in 2027-28
  • $740 million over four years, starting in 2027-28
  • $136 million over four years, starting in 2027-28
  • $671.6 million
  • $186 million over four years, starting in 2027-28

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