Federal Budget 2026 overview
Canada’s Minister of Finance François-Philippe Champagne presented Budget 2026: Masters of our Destiny (Budget 2026) on November 5, 2026.
Budget 2026 confirms the government’s intention to proceed with several previously announced measures, such as:
- Productivity Mega Deduction: Allowing a full deduction of the cost of eligible property acquired on or after September 15, 2026, subject to certain exceptions.
- Reporting requirements for non-profit organizations: Requiring more non-profit organizations to file an annual information return with the CRA for fiscal years that begin on or after January 1, 2027.
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Visit our Federal Budget 2026 overview page to learn about other tax measures introduced this year.
Disclaimer
The information contained herein is general in nature and is based on proposals that are subject to change. It is not, and should not be construed as, accounting, legal or tax advice or an opinion provided by Doane Grant Thornton LLP to the reader. This material may not be applicable to, or suitable for, specific circumstances or needs and may require consideration of other factors not described herein.
