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FederalBill C-26Royal Assent

Bill C-26: An Act to authorize certain payments to be made out of the Consolidated Revenue Fund for the purpose of improving housing supply

Sponsor: Hon. François-Philippe ChampagneIntroduced March 26, 2026Last checked August 28, 2026
Read the official text on parl.caOfficial version — LEGISinfo, Parliament of Canada

What this bill does

This bill authorizes the federal government to transfer $1.713 billion from the Consolidated Revenue Fund to provinces and territories to help increase housing supply across Canada. The Minister of Finance has discretion over the timing, manner, and amount allocated to each province or territory.

Plain-language summary by Legisail.

Business impact

This bill primarily affects governments rather than private businesses directly — the money flows from Ottawa to provincial and territorial governments, who will then decide how to deploy it toward housing supply initiatives. Businesses most likely to benefit downstream include residential homebuilders and developers, land developers, construction contractors, and housing-related tradespeople (carpenters, electricians, plumbers) operating in any province or territory. The practical impact on individual businesses depends entirely on how each province or territory chooses to spend their allocation — whether through zoning reform, infrastructure funding, builder incentives, or other programs. Firms of all sizes in the residential construction sector, from solo trades operators to large development companies, could see increased project activity depending on how provincial governments roll out spending.

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Where this bill is

House of Commons

First ReadingMarch 26, 2026
Second ReadingJune 17, 2026
Third ReadingJune 17, 2026

Senate

First ReadingJune 17, 2026
Second ReadingJune 17, 2026
Third ReadingJune 18, 2026
Royal AssentJune 18, 2026
Now law — awaiting coming into force

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At a glance

Bill number
C-26
Type
House Government Bill
Current chamber
Both
Jurisdiction
Federal
Session
45-1
Official record