Strengthening the effectiveness of fines and penalties

−$186M 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

“To address these issues, Budget 2026 announces the government's intention to: Amend the Office of the Superintendent of Financial Institutions Act to increase the maximum administrative monetary penalties for individuals and institutions.”

Budget 2026, p. 302 (PDF p. 320)

“Budget 2026 announces the government's intention to propose legislative and regulatory amendments to specific fines and penalties and related administrative processes to ensure their continued effectiveness, including: The Agriculture and Agri-Food Administrative Monetary Penalties Act, Feeds Act, Fertilizers Act, Health of Animals Act, Plant Protection Act, and Seeds Act to help protect Canadian agriculture and …”

Budget 2026, p. 302 (PDF p. 320)

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.

• $186 million over four years, starting in 2027-28
• $76 million

Also in this section

• 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
• Streamlining the delivery of federal financing$3MProgram spendingLoans, equity or financing
• Update on ongoing horizontal reviewsno cost lineNo cost lineLoans, equity or financing