Bill C-30: Spring Economic Update 2026 Implementation Act

This bill touches a wide range of Canadian businesses across many industries. Tradespeople working away from home — like electricians, pipefitters, or ironworkers — can now deduct up to $10,000 in travel and lodging costs and qualify more easily due to a reduced distance threshold. Fuel retailers, trucking companies, and aviation operators benefit from a temporary excise tax holiday on gasoline and diesel from April 20 to September 7, 2026, reducing their fuel cost burden. Breweries, particularly small craft brewers producing under 15,000 hectolitres, see continued relief through a capped alcohol excise duty increase and a halved duty rate extended to 2028. Greenhouse growers across Canada can immediately expense the full cost of new greenhouse buildings acquired from November 2025 onward, a significant capital investment incentive for agricultural producers. Business owners selling to employee ownership trusts or worker co-operatives permanently retain their capital gains tax exemption. CPP contribution rates for employers — including small business owners with payroll — are reduced starting in 2027, lowering the cost of employment. Farmers and agri-food businesses gain some regulatory flexibility through new Governor in Council powers to exempt activities from food inspection rules or override pesticide registration denials when national food or economic security is at stake.