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Budget 2026 Consultations Are Open — Here's What Canadians Should Ask For

July 7, 2026 Ottawa wants your input on Budget 2026 before September 8. Here's what the consultation actually is, why it matters to your wallet, and what to say if you take part. The bottom line: On July 6, Finance Minister François-Philippe Champagne launched pre-budget consultations for this fall's federal budget. Canadians can submit input online until September 8, 2026 at Canada.ca/yourbudget. It's a rare, direct window to flag what's actually squeezing your household before the government finalizes tax, benefit, and spending decisions for next year. What Just Happened The Department of Finance officially opened the pre-budget consultation process for Budget 2026, which will be tabled this fall. The stated priorities are broad — boosting investment and competition, strengthening economic sovereignty, and addressing the "most pressing economic challenges facing Canadians today." Over the summer, Champagne, along with Secretary of State Wayne Long and Parl...

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Netflix and Tech Earnings Lift S&P 500 to New Record

 

The S&P 500 index reached a new all-time high on Wednesday, as strong earnings reports from technology companies boosted investor confidence. Netflix was the star performer, surging 10% after adding more subscribers than expected in the fourth quarter of 2023. The streaming giant also announced plans to buy back up to $5 billion of its shares this year.

Other tech firms also delivered impressive results, such as ASML, the world’s largest supplier of chip-making equipment, which saw its orders more than triple in the fourth quarter. Microsoft also hit a record high, becoming the first company to surpass $3 trillion in market value.

The tech-heavy Nasdaq 100 index rose 0.7%, outperforming the Dow Jones Industrial Average, which fell 0.3%. The Dow was dragged down by losses in Boeing, Chevron, and Goldman Sachs.

Meanwhile, the TSX Composite index edged lower by 0.1%, as gains in energy and materials stocks were offset by declines in financials and industrials. The Canadian dollar weakened against the US dollar, as the Bank of Canada kept its key interest rate unchanged at 0.25%.

Investors are now looking ahead to the European Central Bank’s policy meeting on Thursday, where it is expected to maintain its ultra-loose monetary stance and signal its readiness to support the euro zone economy amid rising Covid-19 cases and lockdowns.

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