Canada 2026 budget: grocery rebates, home retrofit funding, carbon price removal and nuclear plans
medicinehatnews.comCanada's Minister of Energy and Natural Resources announced cost of living supports from the 2026 budget in Medicine Hat. Key measures include a one-time 50% increase in the Canada Groceries and Essentials benefit, removal of the consumer carbon price, a suspension of the federal fuel excise tax, and funding for up to one million home retrofits that Ottawa says could save households $1,400 a year on energy bills. The budget also sets aside $3.2 billion for a National Food Security Strategy, removes GST on new homes for first-time buyers, and boosts the Canadian Worker Benefit and Caregiver Credit. On the energy side, the minister mentioned developing a nuclear industry in Alberta and Saskatchewan to meet growing grid demand, while also pushing the Pacific Link pipeline to export more oil and gas. The mix of carbon price removal and zero-emission power investment is worth watching for how it plays out in practice.
