Budget 2026 tabled: tax measures lead, with no new general small business grant

Advisory. This page covers a budget tabled on November 5, 2026. Most measures are still proposals, and their downstream effects on provincial rules, program terms and intake are not yet known. This page was independently fact-checked against official documents, in a review separate from the drafting, and revised before publishing. Expect further revisions as legislation and official guidance arrive.

The Department of Finance released Budget 2026 on November 5, 2026. Our review of the documents found no new general-purpose small business grant.

The key measures for business include the Productivity Mega Deduction and a $930 million SR&ED expansion to certain commercialisation expenses. Chapter 1 proposes $1 billion over six years, starting in 2028-29, for the Strategic Response Fund.

Chapter 6 proposes a transition to a single federal development bank from BDC and EDC, and says existing products and services will be fully maintained throughout the transition.

These are proposals until Parliament acts. Our Federal Budget 2026 guide separates what is open now from what is proposed. Our Quebec guide covers MFOR and CED.

Canadian Funding Partners is an independent advisory firm, not affiliated with the Government of Canada, and does not administer these programs. Confirm current terms on the official pages.