Chapter 6 · Additional investments - A more efficient government
Registered pension plans
Savings or revenue
−$148M net impact on the budgetary balance over five years, 2026-27 to 2030-31.
The cost line
| Line | 2026-27 | 2027-28 | 2028-29 | 2029-30 | 2030-31 | Total |
|---|---|---|---|---|---|---|
| Registered pension plans | … | … | −50 | −50 | −48 | −148 |
… 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
“This measure introduces specific and clear tax consequences where the CRA revokes the registration of a registered pension plan that does not comply with registration conditions. In addition, it strengthens the integrity rules that apply to individual pension plans.”
Budget 2026, p. 311 (PDF p. 329)
Also in this section
- Information sharing - pension administrators−$30MSavings or revenue
- Federal fuel excise tax licensing framework$20MTax measure
- GST/HST health measures$199MTax measureHealth
- Interest deductibility limits$555MTax measureHousingInvestmentEnergy & resources
- The Public Service Occupational Health Program$38MProgram spendingHealth
- Supporting employees affected by workplace injuries$137MProgram spending
- Supporting the accountability and modernisation of the Royal Canadian Mounted Police (RCMP)$18MProgram spending
- Strengthening the Courts Administration Service (CAS)$58MProgram spending