Our Asks for the 2026 Federal Budget

Budget 2026 is the time for Ottawa to trim the $17.5 billion in subsidies that go to seniors with six-figure incomes, and build a new and improved National Housing Strategy.

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Generation Squeeze
/May 14, 2026

Ottawa is making its spending plans, and we certainly have some suggestions to offer! The Budget won't be released until the Fall, but if you want to follow the money - and have an influence on where it goes - it's a year-round process. 

Our submission to the 2026 Pre-Budget Consultation process sets out 6 actions for the federal government to take to improve affordability and promote wellbeing for young and old alike. 

Reduce poverty and improve affordability by implementing the responsible, modern, and fair retirement policy reforms Canadians want.

RECOMMENDATION 1: Trim Old Age Security subsidies for the top 20% of recipients with household incomes more than 35% above the national median.

RECOMMENDATION 2:  Shore up the funds we need to support Canada’s aging population by eliminating outdated tax shelters that fail to prioritize financial support for those who need it most.

RECOMMENDATION 3: Reinvest the saving from retirement policy reforms to eliminate seniors’ poverty and improve affordability for young and working-age Canadians.

Renew – and substantially improve – Canada’s National Housing Strategy

RECOMMENDATION 4: Compensate young people for enduring high housing costs to protect housing wealth gained by older home owners.

RECOMMENDATION 5: Establish a clear goal for home prices.

RECOMMENDATION 6: Fix the way Canada measures housing price inflation.

 

Learn more in our Pre-Budget Brief

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