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Budget 2026 is about giving Canada a 'strong footing': Champagne

Champagne says the plan will help Canada withstand global shocks and support workers hit by U.S. trade pressure.

  • On Thursday, Finance Minister Francois-Philippe Champagne will table Canada's 2026 federal budget, aiming to provide the country with a "strong footing" to navigate a volatile global environment.
  • Following United States midterm elections, Democrats won control of Congress, creating a new political landscape for President Donald Trump and the Republicans.
  • Champagne stated the fiscal plan will offer leverage at trade tables, adding that running deficits to support workers impacted by U.S. trade aggression is "the right thing to do."
  • Officials aim to make Canada more resilient to global shocks, whether originating from the U.S. or elsewhere, as the government prepares for the fiscal announcement.
  • Maintaining a long-standing tradition, Champagne visited a Montreal factory to purchase new Pajar shoes from owner Jacques Golbert ahead of the budget announcement.
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City News broke the news in Toronto, Canada on Wednesday, November 4, 2026.
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