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Liberals to Table 2026 Federal Budget on Nov. 5

The fiscal plan comes as Canada faces tariff pressure and the Parliamentary Budget Officer expects deficits to run $3 billion higher annually.

  • On Tuesday, Finance Minister François-Philippe Champagne announced the federal government will table its 2026 budget on Nov. 5 in Ottawa during question period.
  • This marks the second consecutive fall budget under Prime Minister Mark Carney, departing from the traditional spring introduction used prior to last year.
  • Carney is reorienting federal spending toward an aggressive infrastructure agenda while navigating headwinds from the collapse of trade talks with the United States.
  • The Parliamentary Budget Officer expects federal deficits will average $3 billion higher annually over the next five years than previously projected in June.
  • War in the Middle East has lifted federal revenues in the near term through higher gas prices, which the PBO expects could lower the deficit for this fiscal year.
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Liberals will table 2026 federal budget on Nov. 5, finance minister says

OTTAWA — The federal Liberal government will table its 2026 federal budget on Nov. 5, Finance Minister François-Philippe Champagne said Tuesday. The upcoming fiscal plan will be the second delivered under Prime Minister Mark Carney and comes as Canada'...

Center

Canada's Minister of Finance, François-Philippe Champagne, made the announcement in the House of Commons.

·Montreal, Canada
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Lean Left

Finance Minister François-Philippe Champagne announced it during Question Period in the House of Commons on Tuesday.

·Montreal, Canada
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La Presse broke the news in Montreal, Canada on Tuesday, October 20, 2026.
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