An Act to implement certain provisions of the spring economic update tabled in Parliament on April 28, 2026
Short title: Spring Economic Update 2026 Implementation Act
Sponsor:
François-Philippe Champagne, Minister of Finance and National Revenue (Saint-Maurice—Champlain)
Proposed changes
On 29 April 2026, the Minister of Finance and National Revenue introduced Bill C-30, An Act to implement certain provisions of the spring economic update tabled in Parliament on April 28, 2026 (Spring Economic Update 2026 Implementation Act) in the House of Commons and it was given first reading.
Bill C-30 Part 1 implements certain measures in respect of the Income Tax Act and the Income Tax Regulations by
modifying the Labour Mobility Deduction for eligible tradespeople by increasing the annual limit on expenses that can be deducted and by reducing the distance threshold for eligibility;
making permanent the capital gains tax exemption for the sale of a business to an employee ownership trust or a worker co-operative;
extending the repayment grace period under the Home Buyers’ Plan;
providing temporary immediate expensing for eligible greenhouse buildings; and
improving the interaction of the Electric Vehicle Affordability Program with existing tax rules.
Part 2 amends the Excise Tax Act to temporarily set the excise tax rate on gasoline and aviation gasoline to $0.00 and on diesel fuel and aviation fuel to $0.00 for the period beginning on April 20, 2026 and ending on September 7, 2026. It also amends the Excise Act and the Excise Act, 2001 to implement an additional two-year extension of the 2% cap on the annual alcohol excise duty inflation adjustment, and of the 50% reduction on excise duty rates for the first 15,000 hectolitres of beer brewed in Canada, effective April 1, 2026.
Part 3 amends several Acts in order to implement various measures.
Division 1 of Part 3 amends the Bank Act to provide that the Investment Canada Act does not apply in respect of certain transactions made by foreign banks or entities associated with a foreign bank if the transactions are subject to an approval under the Bank Act, the Trust and Loan Companies Act or the Insurance Companies Act.
This is shortened to the first five points. The bill itself covers more.
The path to law
Every bill has to clear each step, in both chambers. Tap a step's name to learn what it means.
· House of Commons
Completed.
April 29, 2026
· House of Commons
Completed.
May 26, 2026
· House of Commons
Completed.
Completed
· House of Commons
Completed.
June 18, 2026
· Senate
Completed.
June 18, 2026
· Senate
Completed.
June 18, 2026
· Senate
Completed.
Completed
· Senate
Completed.
June 18, 2026
· Governor General
Completed.
June 18, 2026
Committee study
After second reading, a examines the bill clause by clause.
Standing Senate Committee on National Finance
(NFFN)
“Communicating with the Government of Canada about Bill C-30 (“An Act to implement certain provisions of the spring economic update tabled in Parliament on April 28, 2026”), colloquially referred to as the 2026 Spring Economic…”
Ecojustice Canada3 meetings · registered to lobby on it · latest Oct 1, 2026
“…to the Pest Control Product Act in the Spring Economic Update 2026 Implementation Act (Bill C-30) and the Budget 2025 Implementation Act, No. 2 (Bill C-31) to ensure adequate protection of the environment and health.”
“…produits antiparasitaires et à certaines dispositions contenues dans les projets de loi C-30 - Loi portant exécution de certaines dispositions de la mise à jour économique du printemps - et C-31 - Loi no2 portant exécution de certaines dispositions du budget.”
“Bill C-30 - Spring Economic Update 2026 Implementation Act. Communications related to obtaining information regarding the design, implementation, eligibility criteria…”
“Bill C-30 - Spring Economic Update 2026 Implementation Act. Communications related to obtaining information regarding the design, implementation, eligibility criteria…”
“Bill C-30, the Spring Economic Update Implementation Act, passed into law in June 2026, including changes to the Pest Control Products Act which allow Cabinet to override Health…”
From the Commissioner of Lobbying. A bill is listed when the lobbyist's description makes clear it means this bill, not one with the same number from another Parliament.
What MPs said
The most recent recorded speeches on this bill. Links go to the official transcript of that sitting.