From gas to groceries, how much is in the federal budget for your wallet?
The plan raises grocery and worker benefits and sets aside $11.2 billion to help end homelessness.
- On Thursday, Canada's federal budget pledged $22 billion for affordability measures targeting the Canada Groceries and Essentials Benefit, housing, and worker supports to address cost-of-living pressures.
- The plan includes a 50 per cent top-up to the Canada Groceries and Essentials Benefit costing $4.1 billion, alongside $5.3 billion in fuel-excise relief to assist households.
- Officials dedicated $11.2 billion to ending homelessness over 10 years and renewing the Canada Housing Benefit, while lowering the Canada Workers Benefit eligibility threshold to $500 and increasing credits to $1,859 for individuals and $3,143 for families.
- Economist Armine Yalnizyan acknowledged the housing pledges but cautioned, "It's not a bad budget for all of that, but they've left out the people," suggesting insufficient urgency for everyday Canadians.
- Critics note the government prioritized a $36 billion productivity mega-deduction over immediate relief, suggesting measures lack urgency for Canadians facing current financial struggles.
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Rocky Mountain Outlook
Budget offers little new relief for middle-income Canadians struggling with costs
OTTAWA — The latest federal budget promises billions of dollars in affordability relief, but middle-income Canadians struggling with the cost of living may find little new immediate help in the spending plan.
From groceries to tax credits, how much is in the federal budget for your wallet?
The 2026 budget increases payments for the Canada Groceries and Essentials Benefit, expands a tax credit for low-wage workers and makes the Canada caregiver credit refundable. But the affordability measures are mostly for the short term, and took a back seat to measures aimed at boosting investment.
The last federal budget promises billions of dollars to ease the financial burden of households, but middle-income Canadians who struggle to cope with the cost of...
Some Canadians could get extra grocery money in 2027 — Here's how much & who qualifies
Anyone who's done a grocery run lately knows the total can climb fast. In its 2026 budget, Ottawa is proposing another round of help to offset those costs.The federal budget, tabled on Thursday, November 5, includes a one-time payment called the 2027 Canada Groceries and Essentials Benefit Supplement. It would be delivered in early 2027 to Canadians with low or modest incomes who already get the Canada Groceries and Essentials Benefit.According …
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