Chapter 6 · 6.3 Lowering the costs of government
Streamlining the delivery of federal financing
$3M 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 |
|---|---|---|---|---|---|---|
| Streamlining the delivery of federal financing | 1 | 2 | 0 | 0 | 0 | 3 |
… 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 support the implementation of these changes, Budget 2026 proposes to provide $3.5 million over two years, starting in 2026-27, to the Department of Finance Canada to oversee the new financial Crown corporation functions and support the consolidation.”
Budget 2026, p. 306 (PDF p. 324)
“Budget 2026 announces that the government will take steps to ensure financing Crown corporations, including the future single federal development bank, have the flexibility and direction needed to deploy capital in support of Canada's economic priorities.”
Budget 2026, p. 306 (PDF p. 324)
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.
- $3.5 million over two years, starting in 2026-27
Also in this section
- Strengthening the effectiveness of fines and penalties−$186MSavings or revenue
- Strengthening tax compliance−$1.06BSavings or revenue
- Renewing the public service - aligning operating budgets with ERI personnel savings−$400MSavings or revenue
- Renewing the public service - savings on CPP employer contribution costs−$305MSavings or revenue
- Modernising Canada Post−$102MSavings or revenue
- Update on ongoing horizontal reviewsno cost lineNo cost lineLoans, equity or financing