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Tax Alert 2026 No. 27, 30 April 2026
On 29 April 2026, Bill C-30, Spring Economic Update 2026 Implementation Act, received first reading in the House of Commons. The bill implements certain measures announced in the federal 2026 spring economic update tabled on 28 April 2026, as well as certain previously announced income tax, excise tax and excise duty measures. These measures were contained in the notice of ways and means motion that was also tabled on 28 April 2026.
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Issue No. 27, 30 April 2026
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Previous issues
Newfoundland and Labrador Budget 2026
Newfoundland and Labrador Finance Minister Craig Pardy tabled the province’s fiscal 2026 budget on 29 April 2026.
Federal Spring Economic Update 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.
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.
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