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Spring Economic Update 2026 Implementation Act

Bill C-30, Spring Economic Update 2026 Implementation Act · Second reading · now law Where it stands

What the law does

The law implements measures from the spring economic update, temporarily removing the federal excise tax on gasoline, diesel, and aviation fuels from April 20, 2026, to September 7, 2026. It lowers Canada Pension Plan contribution rates starting in 2027 and extends extra Employment Insurance weeks for seasonal workers to October 2028. It also makes other changes to tax rules, alcohol excise duties, transportation data, and federal regulation of banking, food inspection, and pest control products.

Official text

2 statements

Elizabeth May

Green
“This bill does almost nothing to fight climate change. The government also weakened its deal with Alberta. I want to know if the Prime Minister is giving up on our legal climate targets for 2035 and 2050.”
Official Hansard

Mr. Speaker, in Bill C-30, there is not much climate commitment at all. We now know, concerning the MOU with the province of Alberta, that whereas the November 27 MOU said Canada and Alberta are committed to net zero by 2050, the May 15 MOU said they are committed to tangible progress toward net zero by 2050. Has the Prime Minister now completely withdrawn from our legally binding commitments to reductions by 2035? Are we now retracting the commitment, which was already too late, to the year 2050?

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Elizabeth May

Green
“I agree with my colleague. Other countries save their oil money for the future, but the Liberal fund does not do that. I want to know what my colleague thinks about this.”
Official Hansard

Mr. Speaker, I would like to agree with my colleague. The sovereign wealth funds of other countries, particularly Norway’s, were designed on Peter Lougheed’s plan, which was to take oil revenue out of government rents and using it as a set-aside for a rainy day, which is not what the Liberals’ fund proposes to do. I wonder if my hon. colleague has any comments.

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Comment rules

More from sitting 121

All 59 items ·
  1. Private Members' Business Criminal Code 10 statements
  2. Private Members' Business Points of Order 2 statements
  3. Government Orders Spring Economic Update 2026 Implementation Act 37 statements
  4. Government Orders Government Orders 17 statements
  5. Oral Questions Taxation 6 statements
  6. Oral Questions Intergovernmental Relations 6 statements
  7. Oral Questions Employment 4 statements
  8. Oral Questions Finance 2 statements
  9. Oral Questions Taxation 4 statements
  10. Oral Questions Indigenous Affairs 6 statements
  11. Oral Questions Public Safety 2 statements
  12. Oral Questions Foreign Investment 2 statements
  13. Oral Questions Indigenous Affairs 10 statements
  14. Oral Questions Justice 6 statements
  15. Oral Questions Foreign Affairs 2 statements
  16. Oral Questions CBC/Radio-Canada 2 statements
  17. Oral Questions The Environment 2 statements
  18. Oral Questions Immigration, Refugees and Citizenship 7 statements
  19. Government Orders Privilege 4 statements
  20. Government Orders Military Justice System Modernization Act 2 statements
  21. Government Orders Government Orders 2 statements
  22. ROUTINE PROCEEDINGS ROUTINE PROCEEDINGS 2 statements
  23. Government Orders Spring Economic Update 2026 Implementation Act 61 statements
  24. Oral Questions The Environment 4 statements
  25. Oral Questions Aerospace Industry 2 statements
  26. Oral Questions Taxation 8 statements
  27. Oral Questions The Economy 6 statements
  28. Adjournment Proceedings Adjournment Proceedings 4 statements
  29. Adjournment Proceedings Adjournment Proceedings 4 statements
  30. Adjournment Proceedings Adjournment Proceedings 4 statements
  31. Government Orders Spring Economic Update 2026 Implementation Act 41 statements