Moving major projects forward faster - Major Projects Management Entity

$187M 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

“The next steps in Budget 2026 Budget 2026 proposes to establish a major projects management entity to ensure approved projects can access the expertise and resources required to move quickly.”

Budget 2026, p. 158 (PDF p. 170)

“Budget 2026 proposes to provide $187.4 million over five years, beginning in 2026-27, and $24.2 million in future years to launch and operate a major projects management entity and begin support for the Mackenzie Valley Highway and the Taltson Hydro Expansion project.”

Budget 2026, p. 158 (PDF p. 170)

“To unlock this economic corridor: Budget 2026 proposes to fully fund the construction and certain maintenance costs of the Mackenzie Valley Highway.”

Budget 2026, p. 162 (PDF p. 174)

Key facts

• Pacific Link, a proposed 1,250 km crude oil pipeline from Bruderheim, Alberta, to a deep-water port near Delta, B.C., was listed as a project of national interest on October 1, 2026. Budget 2026, p. 163 (PDF p. 175)
• Roberts Bank Terminal 2 in Delta, B.C., was listed on October 30, 2026. Budget 2026, p. 163 (PDF p. 175)

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.

• $194 billion
• $187.4 million over five years, beginning in 2026-27, and $24.2 million in future years
• $20 billion
• $100 billion
• $3 billion
• $500 million
• $715 million

Also in this section

• Supporting major projects across the country - Mackenzie Valley Highway$3.1BProgram spendingTradesInvestmentIndigenous communitiesInfrastructure & transport
• Giving Canadians a stake in what we buildno cost lineNo cost lineLoans, equity or financingInvestment