Budget
Pre-budget consultation in advance of federal budget
Proposes practical policy changes to strengthen retirement savings, improve investor outcomes, and support long-term economic growth in Canada.
Published on: May 22, 2026
Provided in: EN
Submission – Pre-Budget Consultations in Advance of the Upcoming Federal Budget
Recipients
House of Commons Standing Committee on Finance
Industry segments this resource supports
- Assets management
- Capital markets
- Wealth management
Summary
Our submission outlines recommendations for the federal budget focused on enhancing Canada’s retirement system, improving investment fund regulation, and strengthening capital formation through regulatory modernization and coordinated policy action.
Why this matters: This submission proposes practical policy changes to strengthen retirement savings, improve investor outcomes, and support long-term economic growth in Canada.
Key takeaways
- Recommends increasing flexibility in retirement savings by raising the RRSP-to-RRIF conversion age and allowing smaller RRIF holders to opt out of mandatory withdrawals.
- Calls for expanded workplace retirement savings mechanisms, including automatic enrolment and contribution escalation.
- Emphasizes the importance of transparent, predictable, and disciplined investment-fund fee structures.
- Advocates for evidence-based regulation introduced only where there is clear market failure or investor harm.
- Highlights the need for a coordinated national approach to improve capital formation, tax competitiveness, and access to investment opportunities.
- Reinforces the significant economic role of private savings in supporting retirement income, GDP growth, and reducing pressure on public programs.
