Top takeaways from the spring financial update

The government’s deficit in 2025-26 was lower by $11.4-billion than anticipated in Budget 2025, partly because of better government revenues impacted by higher oil prices.

Prime Minister Mark Carney, left, and Finance Minister François-Philippe Champagne presented the spring fiscal update in the House on April 28. The Hill Times photograph by Sam Garcia

List

BY RIDDHI KACHHELA

April 29, 2026

Finance Minister François-Philippe Champagne's economic update, released on April 28, includes affordability measures, pledges tied to skilled trades, funds for sports infrastructure, and much more. The Hill Times reported on the top-line measures as Champagne...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Today’s Headlines Newsletter

Wake up to the day’s top political and policy headlines. Weekday Mornings.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy