On November 7, 2026, Canadian government officials in London, St. John’s, and Moncton highlighted Budget 2026’s nearly $30 billion strategy to end homelessness within 10 years by integrating housing, health care, and social services.
Finance Minister François-Philippe Champagne presented a Canadian budget centered on stimulus, infrastructure, and tax cuts following a U.S. election that triggered sharp declines in AI-linked stocks and boosted renewable energy shares. The budget targets housing, electrification, and startups, while internal Republican divisions may ease future trade tensions between the two countries.
The Independent Energy System Operator (IESO) intends to assume control of Nova Scotia's electricity grid from Nova Scotia Power in spring 2028. The transition, estimated to cost $75 million in total capital expenses, involves building a new control room and nearly doubling the organization's workforce. Expert consultants project customer benefits exceeding $200 million over 15 years.
A new Canadian federal budget proposal would allow seniors to keep their Registered Retirement Savings Plans after age 71, eliminating the mandatory conversion to a Registered Retirement Income Fund. A public consultation on the plan runs until January 8, 2027.
The Canadian federal government announced reforms to the Temporary Foreign Worker program, increasing the cap on foreign workers for eligible employers from 10 per cent to 15 per cent and extending Labour Market Impact Assessment validity from one to two years. The changes have drawn support from business groups and criticism from migrant rights advocates and the Conservative Party.
The Canadian federal government's latest budget proposes using financial tools and guarantees to create 500 megawatts of new AI compute capacity. The initiative aims to help domestic startups compete for resources against U.S. tech giants, though experts debate whether the plan will overcome financing hurdles or lead to overbuilding.
The Government of Canada has released its 2026 budget, introducing a $36 billion 'Mega Deduction' aimed at closing the productivity gap with the U.S. Parliamentary Secretary Ryan Turnbull will discuss the measures in Milton, Ontario, on November 9, 2026.
Days after Republicans lost control of Congress in the midterm elections, President Donald Trump announced on Truth Social that Stephen Miller will replace Susie Wiles as White House chief of staff. Miller, the architect of the administration's hardline immigration policies, begins Monday, while Wiles moves to a political operation role.
Minister Gregor Robertson highlighted Budget 2026's plan to end homelessness within 10 years, backed by nearly $30 billion in federal funding for housing, health, and integrated support services.
The U.S. Treasury Department has sanctioned eight money services businesses in Ontario and British Columbia, accusing them of helping Iranian entities evade financial sanctions and laundering millions of dollars for alleged drug kingpin and former Canadian Olympic snowboarder Ryan Wedding.
Budget 2026 introduces a temporary top-up to the Groceries and Essentials Benefit, expands the Canada Workers Benefit, and commits $11.2 billion over four years to homelessness initiatives. Analysts warn that temporary measures and gaps for non-tax filers and students may limit the budget's reach among the most vulnerable.
Budget 2026 consolidates the tax filing deadline to May 15, extends objection timeframes, introduces optional flat-rate deductions, raises installment thresholds, and offers new incentives for businesses and low-income households.
Budget 2026 sets annual immigration targets of 380,000 permanent and 370,000 temporary residents for the next three years, while one-time measures are projected to bring total new permanent residents to approximately 657,250 in 2027. Prime Minister Mark Carney defended the plan as sustainable, while Conservative Leader Pierre Poilievre argued it exceeds Canada's capacity.
Industry Minister Mélanie Joly has asked the Competition Bureau to investigate Cleveland-Cliffs and its CEO after he admitted buying Canadian steelmaker Stelco to protect U.S. markets, amid disputes over hundreds of job cuts in Hamilton.
On November 6, 2026, the Canadian government tabled Supplementary Estimates (B) for the 2026–27 fiscal year, seeking parliamentary approval for $22.1 billion in new voted spending across 71 organizations. The funding targets defence capabilities, child care, dental care, affordable housing, Indigenous settlements, and tariff-affected sectors, bringing total planned budgetary spending to $538.3 billion.
The Government of Canada introduced targeted reforms to the Temporary Foreign Worker Program on November 6, 2026, extending LMIA durations for the Low-wage Stream and adding early childhood educators to priority exemptions. Further changes contingent on provincial opt-in are scheduled for March 2027.
Finance Minister Francois-Phillipe Champagne's Budget 2026 proposes merging RRSPs and RRIFs into a single 'RRSP-for-life' account, eliminating the mandatory conversion at age 71 while maintaining minimum withdrawal requirements.
Prime Minister Mark Carney’s Liberal government tabled its second federal budget on Nov. 5, allocating $13 billion in new capital to Build Canada Homes to construct 200,000 homes over the next decade. The budget also extends the foreign buyer ban to 2029, while a recent Bank of Canada rate hike has introduced uncertainty into the housing market.
The Canadian federal government's Budget 2026 proposes increasing the Canada Deposit Insurance Corporation (CDIC) deposit insurance limit from $100,000 to $250,000. The plan includes unlimited coverage for registered and tax-free accounts, temporary high-balance protections for life events, and mandatory reviews every 10 years.
Canada's 2026 federal budget outlines $151.5 billion in new spending over five years, featuring a $25-billion sovereign wealth fund, capital gains exemptions, and permanent residency for 200,000 temporary residents, while projecting a $62.3-billion deficit for 2026-27.
Prime Minister Mark Carney's 2026 budget strategy relies on a $36 billion productivity mega-deduction and capital gains exemptions to spur economic growth, though critics warn that projected debt service costs of $85.5 billion annually by 2030-31 leave Canada vulnerable to global shocks.
The Canadian federal budget released Thursday outlines legislative changes aimed at increasing competition in the banking sector, including a new competition objective for OSFI, a one-year timeline for new bank applications, higher equity thresholds for widely held shares, and an increase in deposit insurance limits to $250,000.
Finance Minister François-Philippe Champagne released a federal budget exceeding 500 pages that details over half a trillion dollars in annual spending and revenues. The plan centers on boosting long-term economic growth through an investment supercycle, featuring a $36-billion productivity mega deduction and streamlined project approvals via Bill C-39.
The 2026 federal budget proposes a new Canada Growth Incentive exempting the first $15 million in capital gains for eligible private business share sales, extends reinvestment rollover deadlines, expands SR&ED tax credits to commercialization costs, and targets 500 megawatts of new data centre capacity for AI development.
The 2026 Canadian federal budget introduces tax incentives for high-voltage provincial transmission lines, extends clean technology and mining credits, and adds antimony to the critical minerals list, while projecting a $62.3-billion deficit this year and $3.15 trillion in total debt by 2030-31.
The 511-page federal Budget 2026 proposes moving the individual tax filing and balance-due deadlines to May 15 for all Canadians, including the self-employed, as part of broader measures aimed at enhancing economic sovereignty.
Prime Minister Mark Carney’s Liberal government presented its second federal budget on Nov. 5, projecting a $62.3 billion deficit for 2026-27 while announcing $142 billion in new spending over five years, including major investments in housing, infrastructure, culture, and affordability measures.
The Nova Scotia government has extended a freeze on development fees in the Halifax Regional Municipality until 2029 to meet federal requirements for accessing $366 million from the Build Communities Strong Fund. While provincial and municipal leaders say the move supports housing affordability, several councillors warn it could shift infrastructure costs to taxpayers.
The Government of Canada and the Bank of Canada have renewed their monetary policy framework for five years, keeping the 2% inflation target at the midpoint of a 1% to 3% control range through December 31, 2031.
Nova Scotia's official Opposition is demanding an emergency legislative debate on a proposed $10 billion AI data centre project in Point Tupper, citing widespread resident concerns over power rates, environmental impacts, and the cost of living.
