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ARTICLE · 11 NOVEMBER 2026

2026 Federal Budget: Selected Tax Measures

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

Blake, Cassels & Graydon LLP

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On November 5, 2026 (Budget Day), the Government of Canada released its 2026 federal budget (Budget 2026). Budget 2026 announces tax simplification as a core priority of the government, and this theme runs through many of the tax measures proposed. A second tranche of simplification measures is slated to be announced in the 2027 Spring Economic Update.

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Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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On November 5, 2026 (Budget Day), the Government of Canada released its 2026 federal budget (Budget 2026). Budget 2026 announces tax simplification as a core priority of the government, and this theme runs through many of the tax measures proposed. A second tranche of simplification measures is slated to be announced in the 2027 Spring Economic Update.

While the simplification measures announced in Budget 2026 are relatively modest in scope, many are proposed for consultation, and it is hoped that these measures may be improved and expanded with the benefit of stakeholder input.

Budget 2026 also includes measures intended to promote investment in Canadian businesses (including confirming the previously announced Productivity Mega Deduction) and to continue extending and expanding Canada’s clean energy and clean technology incentive programs.

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