In Budget 2025, we outlined our plan to build Canada Strong. Since then, we have moved fast to build the major infrastructure, homes and industries that grow Canada's economy and create lasting prosperity; empower Canadians with better careers and a more affordable life; and protect our communities, our borders and our way of life.
We delivered concrete savings for Canadians while supporting key national priorities and keeping investments focused on results. We are maintaining a strong fiscal position, with the Spring Economic Update 2026 showing that projected deficits are lower over the fiscal horizon and that we are on track to meet our fiscal anchors.
The Spring Economic Update 2026 is the next step in our plan to build Canada Strong for All. It provides a clear update on the strength of Canada's economy, giving Canadians confidence in our plan. It delivers targeted relief to make life more affordable, support workers, and accelerate the construction of homes and major infrastructure. It also strengthens Canada's competitiveness and economic growth while investing in strong, safe communities across the country.
Today, the Honourable Adam van Koeverden, Secretary of State (Sport), met with athletes and sport partners in Milton to highlight key sport investments from the Spring Economic Update, to build stronger and safer communities.
The Government of Canada is investing $755 million to expand access to sport, creating opportunities for Canadians to build meaningful relationships in their communities, making full use of existing and new infrastructure, and supporting Canada's world-class athletes who inspire pride and unity, as we celebrate their accomplishments as a country.
Secretary of State van Koeverden made the announcement at the Mattamy National Cycling Centre in Milton, Ontario, the only velodrome of its kind in Canada and one of just two venues in North America that meet top international standards. It supports high-performance training and serves the local community through recreation and by hosting provincial, national and international events.
The generational investment announced today will help expand and strengthen sport infrastructure across the country, creating dynamic, healthy and safe spaces that meet the needs of communities and support participation from the playground to the podium.
Canada's new government is transforming our economy from reliance to resilience. The Spring Economic Update 2026 ensures all Canadians can participate in building Canada strong and share in its success. Other key measures include:
- The Canada Strong Fund-Canada's first national sovereign wealth fund. This will invest in key strategic Canadian projects and companies. While Canadians will benefit from these nation-building projects through jobs, economic growth and greater security, the government is determined to ensure that Canadians also have a stake in the projects themselves. That's why a unique and important feature of the Canada Strong Fund will be its new retail investment product. This allows Canadians to receive financial returns as we build Canada strong together.
- Team Canada Strong-a new nationwide effort to recruit, train and hire 80,000 to 100,000 new skilled trade workers by 2030-31. This initiative creates new opportunities for Canadians and attracts the workers needed to build more homes and major projects at speed and at scale.
- Building Stronger Communities-by making communities safer, more connected and more resilient. We are building more homes, getting tougher on crime and fraud, and funding essential infrastructure, including small-craft harbours that sustain coastal communities and local jobs. We are also investing to build healthier, safer and stronger Indigenous communities.
Our new government is building a Canada that is not just strong, but good; not just prosperous, but fair; a Canada that is not just for some, most of the time, but for all, at all times. We're building Canada strong for all.
