Finance Canada

The Spring Economic Update advances our plan to build the major infrastructure and projects that connect our economy, more homes, and safer and stronger communities. ow.ly/g3HL50YRk44

This includes $794 million in 2026-27 to support the Non-Insured Health Benefits Program, which provides First Nations and Inuit with coverage for a range of health products and services.

The #SpringUpdate outlines investments of $4.3 billion in funding for essential services, including health benefits and culturally relevant education, to support stronger, healthier Indigenous communities.

Supporting Indigenous-led services and supports rooted in their cultures is essential to this government's commitment to advance reconciliation. ow.ly/mk3O50YUH2I

These measures will be guided by the Defence Industrial Strategy that will prioritize Canadian suppliers and materials and create significant economic benefits across the country for years to come.

Today, Minister Champagne visited 17 Wing Winnipeg to meet with Canadian Armed Forces members and highlight key defence investments and initiatives from the #SpringUpdate. ow.ly/VAlm50YUGK2

#ClimateChange needs global solutions. Canada’s 2026 Spring Economic Update commits to continued international climate finance, aiming to deliver $13B+ in support to developing countries over the next 5 years. #SEU26 budget.canada.ca/update-miseajo…

Building Canada Strong, supporting workers, making life more affordable, and building safer and stronger communities – pillars of the Spring Economic Update that support productivity and growth and position Canada for long-term prosperity. budget.canada.ca/update-miseajo…

For someone earning $70,000 a year, this translates into annual savings of about $133, with equivalent savings for their employer.

The #SpringUpdate announces a plan to lower the base Canada Pension Plan rate, from 9.9% to 9.5% starting in 2027, putting more money back in Canadians’ pockets while protecting the plan’s long-term sustainability.

Many hard-working Canadians are feeling the strain of high costs for essentials, housing, and everyday expenses. Helping ease affordability pressures remains a priority for the government. ow.ly/WHJl50YTyn6

The #SpringUpdate outlines progress the government has made in advancing major projects that will connect and transform our nation. -15 projects -60,000+ jobs -$125 billion in new investments ow.ly/a7LP50YTx10

In March 2026, NATO confirmed Canada achieved its 2 per cent of GDP defence expenditure target. This commitment includes generational investments to rebuild, rearm, and reinvest in the Canadian Armed Forces. ow.ly/2N2850YTwyV

Canada is strengthening its sovereign capabilities in critical sectors, and deepening cooperation with trusted partners, to safeguard our security and resilience.

Making life more affordable. Building more homes. Creating good jobs. The Spring Economic Update focuses on targeted relief now while investing in Canada’s long-term prosperity – helping build a Canada strong for all. Learn more: budget.canada.ca/update-miseajo…

The DSRB will provide long-term, low-cost financing for defence, security, and resilience initiatives across supply chains, helping enterprises and member governments address critical financing gaps.

Canada welcomes the conclusion negotiations to establish the Defence, Security and Resilience Bank (DSRB) and the unanimous support for Canada to host its future headquarters. ow.ly/ZBW450YSzOJ

To make post-secondary education more accessible and help ease financial pressure on students and recent graduates, the government is taking steps to strengthen the Canada Student Financial Assistance Program. ow.ly/8P1h50YSxkQ

It will also support Canada’s world-class athletes with resources, training, and facilities they need to chase their sporting dreams.

This will create opportunities for youth to build meaningful relationships within their communities and make full use of existing and new infrastructure.

Building a strong future for Canadians means supporting the activities and communities they thrive in. The #SEU26 announces measures to expand access to and provide better resources for sports for young people. ow.ly/5oJq50YSwfH