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Key takeaways from the 2026 federal budget

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Summary

The federal government has released the 2026 budget. And this year the focus is on new net spending. It looks to put money toward boosting the housing supply, investing in Canadian businesses and bulking up the cultural sector. How do those ambitions balance against fiscal constraints and a deficit? Matt Lundy, The Globe’s economics editor, breaks down the big takeaways from the budget and explains what story the Carney government is telling to Canadians. Subscribe to The Globe and Mail's Morning Update to get stories directly in your inbox…

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The Globe and Mail Key takeaways from the 2026 federal budget

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