Budget 2026 proposes $400 billion in capital investment over six years

The federal government released Budget 2026 on November 5, outlining a six-year capital plan it values at $400 billion and a series of proposed affordability and economic measures.

Finance Canada says the plan would slow annual growth in direct program spending from about 8 per cent to 2 per cent. The budget also groups $22 billion in measures under affordability, although individual proposals have different timelines and eligibility rules.

The capital plan includes proposed spending in areas such as housing, transportation, defence and electricity infrastructure. The figures are government projections and proposals; measures requiring legislation, appropriations or program design are not completed outcomes.

For Montréal-area businesses and households, the practical effects will depend on the detailed bills, regulations and program terms that follow the budget.

Source: Department of Finance Canada, Budget 2026 release dated November 5, 2026.

Featured image: illustrative Parliament Hill scene; photo by Jason Hafso on Unsplash, under the Unsplash License. Cropped and resized.