Budget 2026 · Lens
Businesses in Budget 2026
Business measures range from tax changes (instalments, SR&ED, preferred shares) to tariff support, competition policy, trade finance and red-tape reduction.
$17.5BProgram spending 15 measures
$37.9BTax measure 4 measures
−$39MSavings or revenue 1 measure
7No cost line 7 measures without a cost line
9measures involve loans, equity or financing
Totals are five-year net impacts on the budgetary balance, kept separate by money type. A measure can appear under several lenses, so lens totals overlap and should not be added together.
Program spending
New or extended spending, shown as the yearly impact on the budgetary balance.
- Supporting Canadian workers and businesses$11.3BCh. 2Program spendingLoans, equity or financingBusinessesTrades
- Strengthening Canada's forest sector$2.22BCh. 1Program spendingBusinessesEnergy & resources
- Delivering the benefits of AI for all Canadians - AI for All$2.04BCh. 5Program spendingLoans, equity or financingBusinessesInvestmentTraining & skillsAI & digital
- Pillar 3: Building a housing market that works for all$468MCh. 3Program spendingLoans, equity or financingHousingBusinessesTrades
- Advancing the Defence Drone Initiative$382MCh. 5Program spendingBusinessesDefence & securityPublic work
- NRC IRAP Clean Technology renewal$298MCh. 1Program spendingBusinessesEnergy & resources
- Advancing Canada's climate competitiveness$185MCh. 1Program spendingBusinesses
- Unleashing billions for Canadian businesses with the Canada Investment Summit$181MCh. 1Program spendingBusinessesInvestment
- Helping workers affected by tariffs gain new skills$170MCh. 3Program spendingBusinessesTradesTraining & skills
- Helping Canadian innovators scale at home$94MCh. 1Program spendingLoans, equity or financingBusinessesInvestment
- Supporting economic development in the North$71MCh. 1Program spendingBusinessesIndigenous communities
- Modernising trade systems - Digital trade$51MCh. 2Program spendingBusinessesAI & digitalPublic work
- Preparing for and responding to wildfires$8MCh. 5Program spendingLoans, equity or financingBusinesses
- Canada's standards-setting and accreditation system$6MCh. 1Program spendingBusinesses
- Advancing the digital transformation of the financial system$1MCh. 1Program spendingBusinessesAI & digital
Tax measure
Forgone (or raised) revenue from a tax change, not a cheque from a program.
- Kickstarting Canada's Investment Supercycle with the Productivity Mega Deduction$36.1BCh. 1Tax measureBusinessesTradesInvestment
- Boosting innovation and commercialisation$936MCh. 1Tax measureBusinessesInvestment
- Backing Canada's next generation of entrepreneurs$715MCh. 1Tax measureBusinessesInvestment
- Making it easier to do business$236MCh. 6Tax measureBusinesses
Savings or revenue
Improves the budgetary balance: cuts, savings, recoveries or new revenue.
- Strengthening Canada's defence industrial base−$39MCh. 5Savings or revenueLoans, equity or financingBusinessesInvestmentDefence & securityPublic work
No cost line
Announced in the text without its own line in the chapter cost table: regulatory, already funded, or costed elsewhere.
- Advancing the Whole-of-Government Competition Planno cost lineCh. 1No cost lineBusinesses
- Increasing competition in the telecommunications sectorno cost lineCh. 1No cost lineBusinesses
- Increasing competition in the financial sectorno cost lineCh. 1No cost lineLoans, equity or financingBusinesses
- Opening new markets and strengthening reliable partnershipsno cost lineCh. 2No cost lineLoans, equity or financingBusinesses
- Enhancing Canada's trade finance toolkitno cost lineCh. 2No cost lineLoans, equity or financingBusinesses
- Attracting the talent Canada needsno cost lineCh. 3No cost lineBusinesses
- Reducing red tape and accelerating federal regulatory approvalsno cost lineCh. 6No cost lineBusinesses
Related tax changes
From the tax measures annex. Positive amounts are revenue the government gives up.
- Canada Growth Incentive – Capital Gains Exemption$565MPersonal income tax
- Canada Growth Incentive – Rollover for Investments in Small Businesses$150MPersonal income tax
- Instalment Payments for Individuals and Corporations$395MPersonal income tax
- Expansion of the Intergenerational Farm and Fishing Property Rollover$65MPersonal income tax
- Deductibility of Expenses Against Commission Income$4MPersonal income tax
- Clean Electricity and Clean Technology Investment Tax Credits$2.42BBusiness income tax
- Scientific Research and Experimental Development Tax Incentive Program$930MBusiness income tax
- Canadian Journalism Labour Tax Credit$501MBusiness income tax
- Taxable Preferred Shares$91MBusiness income tax
- Corporate Tax Electionssmall or nilBusiness income tax
- Corporate Loss Transferssmall or nilBusiness income tax
- Federal Fuel Excise Tax Licensing Framework$20MSales and excise tax