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PwC Canada’s analysis of the 2026 federal budget

Tax insights and economic analysis to inform your business decisions

The federal government is preparing its next budget at a pivotal juncture for Canadian trade relations and private capital investment.

Shifting US trade and tariff policies are pushing Canadian businesses to diversify export markets and strengthen trade routes. Simultaneously, major project proponents are working to mobilize the private capital required to deliver critical infrastructure and advance major projects. Canadian companies are also seeking opportunities to support national security goals as the federal government works to modernize defence procurement and enhance business competitiveness. These commercial dynamics are unfolding alongside persistent cost-of-living pressures that are keeping Canadian consumers cautious, while policymakers balance targeted economic measures against pressure to control costs. The upcoming budget will define how the government prioritizes these competing demands and supports economic growth.

Sign up to be among the first to receive PwC Canada’s Tax Insights on budget day and learn how the government’s proposed tax measures will affect your organization.

Following the budget announcement, return here for our in-depth economic analysis—an objective assessment of Canada’s fiscal position, how the budget affects key sectors, and where it creates new commercial opportunities.

2026 provincial and territorial budgets

The release dates for provincial and territorial budgets are noted. If the budget announces significant tax measures, we will also prepare a Tax Insights publication to summarize them. 

 

Alberta
February 26, 2026                              
British Columbia
February 17, 2026 – Tax Insights
Manitoba
March 24, 2026
New Brunswick
March 17, 2026
canada-flags-nl.png Newfoundland and Labrador
April 29, 2026
Northwest Territories
February 5, 2026
Nova Scotia
February 23, 2026
Nunavut
May 25, 2026
Ontario
March 26, 2026 – Tax Insights
Prince Edward Island
April 14, 2026                                  
Quebec
March 18, 2026 – Tax Insights
Saskatchewan
March 18, 2026 – Tax Insights
Yukon
March 19, 2026

Canada’s new transfer pricing rules 

A practical discussion (*recorded April 21, 2026)

Webcast on demand*

Fiscal discipline, stimulus: Canada’s balancing act

Our analysis of the spring economic update

Read the insights

Past federal, provincial, and territorial budgets

2025 budgets 2024 budgets

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Contact us

Marc Levstein

Marc Levstein

National Tax Leader, PwC Canada

Tel: +1 647 388 5692

Colin Mowatt

Colin Mowatt

Partner, Tax Policy Leader, PwC Canada

Tel: +1 416 723 0321

Kara Selby

Kara Selby

Tax Markets Leader, PwC Canada

Mikaela McQuade

Mikaela McQuade

Economics and Policy Practice Leader, PwC Canada

Ryan Lotan

Ryan Lotan

National Government and Public Sector Leader, PwC Canada

Tel: +1 613 371 9849

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