Budget 2026 by the numbers: Key figures in the Liberals’ spending plan

In the Liberal government's 2026 budget, a total of $142.1 billion is allocated for new spending and tax breaks. This amount represents an increase from the $3 billion projected deficit for 2026-27, compared to the April economic update. The budget aims to admit 380,000 permanent residents and 370,000 temporary residents annually from 2027 to 2029.

Additionally, $50 billion will be invested in expanding Canada's electricity grid, while 55,000 new electric vehicle chargers are planned by 2032. The federal government intends to spend $1.2 billion to extend funding agreements with provinces and territories for mental health and addictions services, as well as home and community care.

Furthermore, Transport Canada will receive an additional $55.3 million over two years to support digital trade processes and help businesses become more competitive. CBC/Radio-Canada will see a $300 million increase in funding, along with $600 million for immediate support of Canadian content production. The term "sovereign" or "sovereignty" is mentioned 110 times throughout the budget document.