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Tax Alert 2026 No. 25, 28 April 2026
On 28 April 2026, the Minister of Finance and National Revenue, François-Philippe Champagne, tabled the federal government’s Spring Economic Update 2026, which contains several tax measures affecting individuals and corporations.
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Issue No. 25, 28 April 2026
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Previous issues
Federal excise tax on fuel temporarily suspended
On 14 April 2026, Canada announced it will temporarily suspend the fuel excise tax on gasoline, diesel and aviation fuel levied under Part III of the Excise Tax Act.
Prince Edward Island Budget 2026 [Updated]
PEI Finance Minister Jill Burridge tabled the province’s fiscal 2026 budget on 14 April 2026.
2025 budget implementation bill no. 1 receives Royal Assent
On 26 March 2026, amended Bill C-15, Budget 2025 Implementation Act, No. 1, received Royal Assent and became enacted (substantively enacted on 26 February 2026).
Ontario Finance Minister Peter Bethlenfalvy tabled the province’s fiscal 2026 budget on 26 March 2026.
Manitoba Finance Minister Adrien Sala tabled the province’s fiscal 2026 budget on 24 March 2026.
Yukon Finance Minister Currie Dixon tabled the territory’s fiscal 2026 budget on 19 March 2026.
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