🍁 civid v1

Status and scope

• The supplied text labels the bill as second reading, but the reproduced bill also says it received royal assent on June 18, 2026. Those status descriptions conflict.
• The text ends partway through section 60. No overall cost estimate is provided.

Part 1 — Income tax

• Tradespeople: For 2026 and later tax years, raises the annual Labour Mobility Deduction limit to $10,000 and lowers the required distance difference to 120 km. The limit is indexed for years beginning after 2026.
• Business owners and workers: Makes permanent the capital gains tax exemption for qualifying sales to employee ownership trusts or worker co-operatives.
• Home buyers: Extends temporary Home Buyers’ Plan repayment relief to eligible amounts with completion dates through 2029.
• Greenhouse owners: Allows eligible Canadian greenhouse buildings to be immediately expensed at 100% when available for use before 2030, declining to 75% in 2030–31 and 55% in 2032–33. The rules are deemed effective November 4, 2025.
• Electric vehicles: Adjusts tax rules to recognize the Electric Vehicle Affordability Program, deemed effective February 16, 2026.

Part 2 — Fuel and alcohol excise relief

• Sets federal excise tax rates on gasoline, aviation gasoline, diesel and aviation fuel at zero from April 20 to September 7, 2026.
• Extends alcohol excise duty inflation relief for 2026 and 2027 and the 50% duty-rate reduction on the first 15,000 hectolitres of beer brewed in Canada until April 1, 2028. The alcohol changes are effective April 1, 2026.

Part 3 — Various measures

• Division 1 — Foreign banks: Exempts specified foreign-bank transactions from the Investment Canada Act where they require approval under specified financial-sector laws. It takes effect 120 days after royal assent.
• Division 2 — Bank of Canada fees: Consolidates cost-recovery provisions in the Bank of Canada Act. The Bank can assess regulated entities for administrative expenses, demand information and recover unpaid assessments as debts, with interest. Covered categories can include payment providers, clearing houses, consumer-driven banking participants and stablecoin issuers. Provisions take effect on dates set by order.
• Division 3 — Payments: Gives the Canadian Payments Association and specified individuals immunity from non-contract civil liability for good-faith actions or omissions in carrying out powers or duties under the Act. Individuals remain liable to the Association.
• Division 4 — Seasonal workers: Extends the period in which eligible seasonal workers can establish a benefit period qualifying for additional Employment Insurance weeks to October 7, 2028. Eligible regions will be established by regulation; another eligibility paragraph is repealed November 7, 2027.
• Division 5 — Canada Pension Plan: Reduces the scheduled contribution rates from 2027 onward to 4.75% each for employees and employers, and 9.5% for self-employed people. Related rate formulas are amended. The division takes effect on a date set by order.
• Division 6 — Transportation: Allows the Transport Minister to require airport owners and operators, and others whose activities may affect airport value, to provide specified non-personal information. The Minister may share it with specified Crown corporations and external advisers or consultees for statutory functions or transportation policy.
• Division 7 — Food inspection: Clarifies the Canadian Food Inspection Agency’s mandate and allows the Governor in Council, subject to conditions, to exempt persons, things or activities from specified agency-administered provisions where necessary for economic or food security and not likely to pose unreasonable risks. Orders can last up to three years, extendable once for up to three more; proposed orders must be public and reasons published within 60 days.
• Division 8 — Pest control: Requires the Health Minister to consider economic or food security as appropriate, without changing the Minister’s primary objective. It allows the Governor in Council to authorize or restore specified product registrations after the Minister has found environmental risks unacceptable, when necessary for economic or food security. Orders may impose conditions and last up to three years, extendable once; specified notice and publication requirements apply. Certain special reviews of those