OTTAWA – The federal budget has zeroed in on business growth with a suite of tax measures and incentives designed to spur private-sector investment. The central business pitch of the 2026 budget tabled Thursday aims to encourage Canadian companies to invest more, expand and become more competitive internationally. The budget, entitled Masters of our Destiny, includes capital gains tax breaks, incentives for companies investing in equipment and expanded tax support for research and innovation. But some business leaders and groups said the budget falls short in addressing the needs of small businesses. …A centrepiece business measure in the budget is a new tax exemption on up to $15 million in capital gains from eligible investments in Canadian companies. …The budget also includes what the government calls “the most ambitious effort in decades” to simplify the tax system. …The budget lays out a three-pronged approach to creating what the government calls an “investment supercycle” with measures aimed at spurring investment, entrepreneurship and innovation.
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Government of Canada releases Budget 2026: Masters of our destiny: Canada has what the world wants and what it takes to chart our own course. That is how we can become maîtres chez nous: masters of our destiny.
Forest Products Association of Canada response to Budget 2026 and forthcoming Forest Sector Transformation Strategy: The federal government clearly understands the critical juncture our sector is at, and we look forward to seeing the full Forest Sector Transformation Strategy in the coming weeks.
The BC Truck Loggers Association welcomes historic federal investment in Canada’s forest sector: The $6.5-billion Forest Sector Transformation Strategy, building on $2.9 billion in previously announced support, represents an historic investment in an industry that employs nearly 200,000 Canadians, contributes billions to Canada’s GDP and supports hundreds of rural, remote and Indigenous communities across the country.
BC Council of Forest Industries Statement on Federal Budget 2026: We welcome the federal government’s commitment of $6.5 billion in new funding over six years to the forest sector in Budget 2026. The Strategy should prioritize reducing regulatory duplication, streamlining permitting and strengthening federal-provincial coordination to give operators and investors greater certainty. …These measures must complement provincial efforts to improve access to affordable wood supply and restore competitiveness across BC’s forest sector.
World Wildlife Fund Canada: Budget 2026 – We can’t build a stronger country while losing the nature that makes us strong