Canada Budget 2026 Date: Thursday, Nov. 5, Eight Days Away, and How the Fall Budget Cycle Works

The federal Liberal government will table its 2026 federal budget on Thursday, Nov. 5, 2026, according to The Canadian Press, which reported the date on Oct. 20, 2026. Finance Minister François-Philippe Champagne announced it in question period that Tuesday. Counted from Wednesday, Oct. 28, the budget is eight days away. A one-page timeline is in the downloads for printing.

What is the date and time of Canada’s Budget 2026?

Item	Detail	Source
Date	Thursday, Nov. 5, 2026	The Canadian Press, Oct. 20, 2026
Announced by	Finance Minister François-Philippe Champagne, in question period on Tuesday, Oct. 20, 2026	The Canadian Press, Oct. 20, 2026
Time of day	Not yet announced	No hour in the sources used here
Measures	Announced when the budget is tabled	None confirmed

CP24 describes it as the second budget under Prime Minister Mark Carney. Champagne’s official title is Minister of Finance and National Revenue.

Why is the federal budget in the fall now?

The Department of Finance Canada said on Oct. 6, 2025 that, “starting with Budget 2025, the federal budget will be tabled in the fall,” with “an economic and fiscal update released in the spring.” Budget 2025 was released on Tuesday, Nov. 4, 2025. Budget 2026 is the next one in that fall cycle.

What is the Budget 2025 to Budget 2026 timeline?

Date	Step	Source
Mon., Oct. 6, 2025	Finance Canada announces the fall budget and spring update	Department of Finance Canada
Tue., Nov. 4, 2025	Budget 2025 released	Department of Finance Canada
Spring 2026	Economic and fiscal update, as the new cycle provides	Department of Finance Canada (Oct. 6, 2025 plan)
Mon., July 6, 2026	Consultations ahead of Budget 2026 launched	Department of Finance Canada
Tue., Sept. 8, 2026	Consultations end	Department of Finance Canada
Tue., Oct. 20, 2026	Budget date announced	The Canadian Press
Thu., Nov. 5, 2026	Budget 2026 tabled	The Canadian Press

In its July 6, 2026 release, the department said: “This fall, the Government of Canada will deliver Budget 2026.” The date of the spring update and its figures are not covered in the sources used for this story.

What is the Parliamentary Budget Officer forecasting?

The Parliamentary Budget Officer (PBO) expects a $63.3-billion deficit in 2026-27 and a balanced operating budget in 2028-29, a year later than promised, The Canadian Press reported via Advisor.ca. The same report says the finance minister’s office disputed the PBO’s assumptions. The government’s own figures come with the budget.

How can you keep track of the date?

Mark Thursday, Nov. 5 on the November 2026 printable calendar, or add it to a printable weekly calendar. For the same kind of date in the United Kingdom, see our story on the UK Budget 2026 date. Another Canadian date this season is covered in which provinces skip the fall clock change.