warre & vavasourBudget 2026 Explorer

Chapter 3 · 3.1 Delivering a boost today

Making the Canada Caregiver Credit refundable

Tax measure

$845M net impact on the budgetary balance over five years, 2026-27 to 2030-31.

Net impact by year, CAD millions (accrual)
—2026-27$185M2027-28$200M2028-29$220M2029-30$240M2030-31

The cost line

Chapter 3 cost table, millions of dollars, accrual basis. Budget 2026, p. 219 (PDF p. 233).
Line2026-272027-282028-292029-302030-31Total
Making the Canada Caregiver Credit refundable…185200220240845

… 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

“That is why Budget 2026 proposes to: Make the Canada Caregiver Credit fully refundable, providing $845 million in additional support over four years, starting in 2027-28, and $245 million per year ongoing. 585,000 caregivers would receive support, including 180,000 who currently receive no benefit.”

Budget 2026, p. 192 (PDF p. 206)

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.

  • $845 million
  • $245 million

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