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BudgetTO 2026

The City of Toronto is holding consultations to inform its 2026 Budget.

Share your ideas between October 1 and October 31 by completing a short online survey (available in 12 languages) and attending one of six in-person or virtual consultation meetings.

This year, there are four phases to the budget process, including:

  1. Pre-Budget Consultations (November 2025)
  2. Budget Launch (January 2026)
  3. Committee Review & Public Deputations (January 2026)
  4. Approval Phase (February 2026)

Phases

Phases overview
Phase 1: Pre-Budget Consultations
Pre-Budget Consultations
Phase 2: Budget Launch
Budget Launch
Phase 3: Committee Review
Committee Review
Phase 4: Public Deputations
Public Deputations
Phase 5: Budget Committee Wrap-up
Budget Committee Wrap-up
Phase 6: Mayor's Budget Release
Mayor's Budget Release
Phase 7: City Council Review
City Council Review
Phase 8: Mayor Veto Period
Mayor Veto Period

Mayor Veto Period

February 11, 2026 5:00 AM - February 21, 2026 5:00 AM

The Mayor has up to 10 days to veto any amendments passed by City Council due to the Strong Mayor powers. If they do not exercise that veto, the budget is deemed to be adopted.

If the Mayor does exercise their veto, City Council has up to 15 days to override the Mayor’s veto with a two-thirds vote, at which point, the budget is deemed to be adopted.

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