Ottawa unveiled its economic roadmap in Budget 2026, promising support for American-facing manufacturing hubs and tariff-hit workers. Officials said they would provide financial backing “as long as it takes” to help those affected by trade volatility. The plan also targets a balanced budget by 2027–2028 and aims to end homelessness.
Ottawa unveiled its sweeping economic roadmap in Budget 2026, titled “Masters of Our Destiny” (Maîtres chez nous), signaling a muscular national defense and industrial strategy amid escalating global trade volatility and U.S. tariffs. Finance officials pledged uncompromising support for American-facing manufacturing hubs and tariff-hit workers in steel and aluminum, promising financial backing for “as long as it takes” while accelerating domestic critical mineral infrastructure and clean electrification. The fiscal package projects a return to a balanced operating budget by 2027–2028—a full year ahead of schedule—maintaining the G7’s lowest net debt-to-GDP ratio while targeting massive productivity mega-deductions and a 10-year eradication of homelessness nationwide.
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