Supporting major projects across the country - Mackenzie Valley Highway

$3.1B 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 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

• A proposed ~800 km all-season gravel highway from Wrigley to the Dempster Highway south of Inuvik, replacing seasonal ferries and winter roads. Budget 2026, p. 164 (PDF p. 176)
• Budget 2026 proposes to fully fund its construction and certain maintenance costs. Budget 2026, p. 162 (PDF p. 174)
• The Chapter 2 cost table shows $3,100 million over five years for this line, marked as capital investment. Budget 2026, p. 184 (PDF p. 196)

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.

• $20 billion
• $100 billion
• $3 billion
• $500 million
• $715 million

Also in this section

• Moving major projects forward faster - Major Projects Management Entity$187MProgram spendingTradesInvestmentPublic work
• Giving Canadians a stake in what we buildno cost lineNo cost lineLoans, equity or financingInvestment