Reducing costs and helping you get ahead
The Government of Canada is working to make life more affordable. Here's how we are bringing down costs and helping you make the most of your money.
Helping Canadians where they need it
Income tax cut
The Government has introduced a tax cut, providing tax relief for nearly 22 million Canadians and saving two-income families up to $840 a year.
Help for home buyers
The Government introduced legislative proposals to eliminate the Goods and Services Tax (GST) on new homes valued up to $1 million for first-time home buyers, saving them up to $50,000, among other measures.
Canada Groceries and Essentials Benefit
The Government is increasing the Canada Groceries and Essentials Benefit (formerly the GST/HST Credit) by 25% for five years, starting in July 2026, with a one-time top up of 50% for 2026.
Reducing costs and helping Canadians
Here are other ways the Government of Canada is helping you bring down your costs and make the most of your money.
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Meals for more school-aged children
Making the National School Food Program permanent will provide meals for up to 400,000 children and expand the program into schools across Canada. This program ensures kids are fed healthy meals at school and saves families with two children participating in school food programming, up to $800 per year on groceries.
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Removing the federal consumer fuel charge
The Government of Canada removed the federal consumer fuel charge, effective April 1, 2025, and introduced legislation that would permanently repeal it.
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Tackling food insecurity
The government is investing $500 million to help businesses address the costs of supply chain disruptions without passing those costs on to Canadians at the checkout line.
Read the detailed announcement -
Expanding dental care and pharmacare
The Canadian Dental Care Plan (CDCP) is helping make the cost of dental care more affordable for eligible Canadian residents.
If your province or territory has signed up for pharmacare, you can get different contraception and diabetes products at the pharmacy counter for free. You'll need a valid prescription for many of them.
If you live outside these areas, contact your provincial or territorial health ministry to learn about public prescription coverage.
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Canada Strong Pass: travel and heritage access at reduced cost
The Canada Strong Pass helps you discover Canada for less during summer 2026. With the Canada Strong Pass, you can visit national, provincial, and territorial museums, historic sites and parks, and travel by rail, for free or at a reduced cost.
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Automated tax filing
Easier tax filing helps you access key benefits and keep more money in your pocket. Filing an income tax return can help you receive financial benefits like the GST/HST Credit, the Canada Child Benefit, the Canada Disability Benefit, and more.
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Affordable early learning and child care
With the Government of Canada's affordable Canada-wide early learning and child care system, Canadian families will see their fees reduced for regulated child care spaces.
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Reducing transportation costs
The Government is cutting costs associated with interprovincial transportation routes in Atlantic Canada and Eastern Québec. Since August 2025, the Government has:
- cut Confederation Bridge tolls for all vehicles from over $50 to $20
- cut fares by 50% for passengers, vehicles, and commercial traffic on the Eastern Canada Ferry Services that are federally supported
- funded Marine Atlantic Inc. to reduce fares by 50% for passengers and passenger vehicles on both routes and freeze commercial freight rates
These changes put money back in your pockets. They help lower costs, help you travel between provinces, and drive long-term economic growth.
- Dropping bridge and ferry tolls saves users approximately $100 million. $100 million that can be reinvested into our economy, year after year.
- Reduced fares in Newfoundland and Labrador are expected to bring $28 million into the province’s economy through a boost in out-of-province tourism
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Canada disability Benefit
The Canada Disability Benefit provides direct financial support to people with disabilities who are between 18 and 64 years old and meet the eligibility criteria.
If you qualify for payments, you will begin receiving payments the month after your application is approved.
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Largest pay raise for the Canadian Armed Forces in a generation
New measures to increase pay and put more money in the pockets of everyone who serves.
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Paying for school and starting your career
Whether you're still in school, have just graduated, or are figuring out your next steps, there are programs and resources to help you find a job, get training or fund your education.
- Build your resume, find volunteer opportunities and learn about apprenticeship and trades
Grow your experience through training and apprenticeships
- Get help paying for school: apply for grants, student aid loans, scholarships and repayment support
Research student aid and education planning
- Build your resume, find volunteer opportunities and learn about apprenticeship and trades
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Save on Home Heating
The Oil to Heat Pump Affordability (OHPA) Program helps low to median-income households that currently heat with oil switch to high-efficiency electric heat pumps. It offers upfront financial support to reduce installation costs, lower energy bills, and cut greenhouse gas emissions, while also helping homeowners move away from costly and carbon-intensive oil heating.
Savings on everyday items
- At the grocery store
- In your isolated northern community
- Stop overpaying - start switching for services such as your cell phone, internet, TV, banking and insurance
- Save money on energy for your home
Making the most of your money
The Government has a set of tools that help with housing, budgeting, banking, money transfers, insurance and planning your finances at different life stages.
There are many benefits, credits and programs available when you do your taxes. You may need to apply for certain benefits and credits, while others you can claim when filing your taxes.
Helping you avoid scams and fraud
Some scams are easy to spot. Some are not. Many scams and frauds attempt to imitate government services to gain access to your personal and financial information. Don't take chances with suspicious or unofficial links.
Learn the signs so you can protect yourself from scammers