Chapter 1 · Additional investments - Canada's Investment Supercycle
Supporting economic development in the North
Program spendingIncludes capital investment
$71M 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 |
|---|---|---|---|---|---|---|
| Supporting economic development in the North | … | 18 | 18 | 18 | 18 | 71 |
… 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
“Funding proposed for CanNor to renew support for economic development projects in the North through Inclusive Diversification and Economic Advancement in the North (IDEANorth) and the Northern Indigenous Economic Opportunities Program.”
Budget 2026, p. 152 (PDF p. 162)
Also in this section
- Arctic offshore oil and gas governance$11MProgram spendingEnergy & resourcesInfrastructure & transport
- Canada's standards-setting and accreditation system$6MProgram spendingBusinesses
- Geo-mapping for energy and minerals (GeoNorth)$34MProgram spendingEnergy & resourcesInfrastructure & transport
- NRC IRAP Clean Technology renewal$298MProgram spendingBusinessesEnergy & resources
- Polar Knowledge Canada$105MProgram spendingInfrastructure & transportPublic work
- Supporting the Canadian Infrastructure Council$2MProgram spendingInfrastructure & transport