Canada News Centre2026-09-09T21:01:48-04:00https://www.canada.ca/en/news.htmlhttps://www.canada.ca/etc/designs/canada/wet-boew/assets/wmms-blk.svghttps://www.canada.ca/en/department-finance/news/2026/09/statement-by-the-minister-of-finance-on-the-canadian-international-trade-tribunal-s-report-on-global-imports-of-canned-and-frozen-vegetables.html

“The global economy is rapidly changing, and many Canadians are feeling the effects at home. That is why the federal government is hard at work to build the strongest economy in the G7 amid the current global geopolitical uncertainty. "

Department of Finance Canada2026-09-09T21:02:17-04:00https://www.canada.ca/en/department-finance/news/2026/09/government-of-canada-concludes-pre-budget-consultations-for-budget-2026.html

Yesterday, the Government of Canada concluded its pre-budget consultations for Budget 2026. In the face of ongoing affordability pressures and recent U.S. tariff actions, Budget 2026 will outline the government's next steps to support Canadian workers and businesses, create the conditions for businesses to grow and invest, strengthen Canada’s competitiveness, and build a more resilient and prosperous economy.

Department of Finance Canada2026-09-08T16:56:16-04:00https://www.canada.ca/en/department-finance/news/2026/09/minister-champagne-in-alberta-will-participate-in-an-armchair-discussion-hosted-by-the-edmonton-chamber-of-commerce.html

On September 9, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in an armchair discussion at an event hosted by the Edmonton Chamber of Commerce.

Department of Finance Canada2026-09-08T12:31:59-04:00https://www.canada.ca/en/department-finance/news/2026/09/parliamentary-secretary-turnbull-in-oshawa-to-highlight-recent-affordability-measures-for-canadians.html

Ryan Turnbull, Parliamentary Secretary to the Minister of Finance and National Revenue, will highlight recent government support to help Canadian families and businesses lower everyday costs.

Department of Finance Canada2026-09-08T12:00:05-04:00https://www.canada.ca/en/department-finance/news/2026/09/the-government-of-canada-extends-the-federal-fuel-excise-tax-relief-on-gasoline-diesel-and-aviation-fuels-for-canadians.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced that the government is extending the temporary suspension of the federal fuel excise tax until January 31, 2027, and applying 50% of the regular excise tax rate from February 1 through March 31, 2027. This will bring down everyday costs for Canadians, including truckers and businesses in the food, agriculture, housing, construction, and delivery sectors.

Department of Finance Canada2026-09-02T13:54:45-04:00https://www.canada.ca/en/department-finance/news/2026/09/minister-champagne-advances-canadas-economic-interests-at-g20-meeting-in-north-carolina.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today concluded a series of high-level meetings in Asheville, North Carolina, where he and Tiff Macklem, Governor of the Bank of Canada, represented Canada at the G20 Finance Ministers and Central Bank Governors meeting.

Department of Finance Canada2026-09-01T19:31:20-04:00https://www.canada.ca/en/department-finance/news/2026/09/minister-champagne-to-make-an-affordability-announcement.html

The Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, will make an announcement as part of the government's efforts to help Canadian families and businesses lower everyday costs.

Department of Finance Canada2026-09-01T12:01:18-04:00https://www.canada.ca/en/department-finance/news/2026/08/minister-champagne-to-hold-media-callback-while-he-is-attending-g20-meetings.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will hold a media callback following his participation in the G20 Finance Ministers and Central Bank Governors meetings in Asheville, United States.

Department of Finance Canada2026-08-31T15:50:12-04:00https://www.canada.ca/en/department-finance/news/2026/08/minister-champagne-to-promote-canadas-interests-at-g20-finance-ministers-and-central-bank-governors-meeting-in-north-carolina.html

As the global landscape is marked by rapid changes and uncertainty for economies, businesses, and workers, Canada is focused on what we can control. We are building our strength at home, diversifying our trade partnerships, and building new relationships around the world.

Department of Finance Canada2026-08-28T16:17:05-04:00https://www.canada.ca/en/department-finance/news/2026/08/inaugural-canada-india-finance-ministers-economic-and-financial-dialogue.html

Today, Canada’s Minister of Finance and National Revenue, François-Philippe Champagne, and India’s Minister of Finance and Minister of Corporate Affairs, Nirmala Sitharaman, concluded a productive inaugural India–Canada Finance Ministers’ Economic and Financial Dialogue.

Department of Finance Canada2026-08-27T14:52:07-04:00https://www.canada.ca/en/department-finance/news/2026/08/the-governement-of-canada-highlights-targeted-countermeasures-and-substantive-support-for-workers-and-businesses-in-response-to-us-tariffs.html

The Government of Canada has negotiated intensively and in good faith with the United States (U.S.) toward a fair and comprehensive trade agreement that would protect Canadian workers and their families, strengthen the economy, provide greater certainty for businesses, and respect Canada’s sovereignty.

Department of Finance Canada2026-08-27T13:45:11-04:00https://www.canada.ca/en/department-finance/news/2026/08/minister-of-finance-meets-with-chief-economists-to-discuss-economic-outlook-and-fiscal-priorities.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, met with Canada’s leading chief economists to exchange views and perspectives on the country's economic outlook and discuss the government's plan to build the strongest economy in the G7.

Department of Finance Canada2026-08-26T18:04:18-04:00https://www.canada.ca/en/department-finance/news/2026/08/secretary-of-state-long-in-sarnia-to-highlight-canadian-response-to-us-tariffs.html

The Honourable Wayne Long, Secretary of State responsible for the Canada Revenue Agency and Financial Institutions, joined by Marilyn Gladu, Member of Parliament, will visit a local dairy farm and hold a press conference to highlight new measures to protect and support Canadian workers and businesses during these challenging times.

Department of Finance Canada2026-08-26T13:00:03-04:00https://www.canada.ca/en/department-finance/news/2026/08/department-of-finance-meets-with-stakeholders-on-canadas-response-to-us-tariffs.html

Yesterday, Nick Leswick, Deputy Minister of the Department of Finance Canada, joined by senior officials from the department, hosted a briefing with Canadian industry and labour stakeholders on Canada-United States (U.S.) economic issues.

Department of Finance Canada2026-08-26T10:20:47-04:00https://www.canada.ca/en/department-finance/news/2026/08/canada-announces-targeted-countermeasures-and-substantive-support-for-workers-and-businesses-in-response-to-us-tariffs.html

Following the U.S. decision to impose a 50 per cent tariff on $27.6 billion of Canadian goods effective August 22, Minister Champagne confirmed today that Canada will match the new U.S. tariffs dollar for dollar, rate for rate, with additional Canadian tariffs on U.S. goods.

Department of Finance Canada2026-08-25T11:05:23-04:00https://www.canada.ca/en/department-finance/news/2026/08/support-for-canadian-workers-and-businesses-affected-by-us-tariffs.html

The government is introducing a $7.5 billion package of new and enhanced measures to protect Canadian workers and businesses, building on the nearly $25 billion in supports the government has implemented over the past 18 months. This targeted and proportionate package focuses on workers and businesses, particularly small and medium-sized enterprises, in sectors most affected by the new tariffs announced by the United States.

Department of Finance Canada2026-08-25T11:04:40-04:00https://www.canada.ca/en/department-finance/news/2026/08/list-of-products-from-the-united-states-subject-to-counter-tariffs-effective-september-8-2026.html

Effective September 8, 2026, Canada will impose 15, 25, and 50 per cent tariffs on products drawn from those targeted by U.S. Section 338 and Section 232 tariffs, with individual product rates based on the matching U.S. rate for the same goods.

Department of Finance Canada2026-08-25T11:04:15-04:00https://www.canada.ca/en/department-finance/news/2026/08/minister-of-finance-meets-with-provincial-and-territorial-counterparts-on-canadas-response-to-latest-us-tariffs.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, met virtually with provincial and territorial finance ministers to discuss the suspension of trade negotiations with the United States (U.S.) and the government’s response to newly imposed and unjustified U.S. tariffs on Canadian goods.

Department of Finance Canada2026-08-24T21:07:44-04:00https://www.canada.ca/en/department-finance/news/2026/08/ministers-champagne-joly-hajdu-and-solomon-to-announce-canadian-response-to-us-tariffs.html

The Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, the Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, the Honourable Mélanie Joly, the Minister of Jobs and Families and Minister responsible for the Federal Economic Development Agency for Northern Ontario, the Honourable Patty Hajdu, and the Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario, the Honourable Evan Solomon, will visit a local business and hold a joint press conference to announce new measures to protect and support Canadian workers and businesses during these challenging times.

Department of Finance Canada2026-08-24T18:55:24-04:00https://www.canada.ca/en/department-finance/news/2026/08/minister-champagne-in-montreal-to-host-pre-budget-consultations-ahead-of-budget-2026.html

Minister Champagne in Montréal to host pre-budget consultations ahead of Budget 2026

Department of Finance Canada2026-08-23T18:18:15-04:00https://www.canada.ca/en/department-finance/news/2026/08/minister-champagne-to-welcome-indias-minister-of-finance-and-corporate-affairs-to-canada-to-reinforce-bilateral-ties.html

In a rapidly changing world, Canada is focused on what we can control. We are building our economic strength at home and diversifying our partnerships abroad. To advance these efforts, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will host the Honourable Nirmala Sitharaman, India's Minister of Finance and Corporate Affairs, to Canada on August 26 and 27.

Department of Finance Canada2026-08-21T12:35:42-04:00https://www.canada.ca/en/department-finance/news/2026/07/canada-imposes-provisional-safeguard-tariff-on-imports-of-wood-cabinets-and-vanities-to-protect-canadian-manufacturers-and-workers.html

The Government of Canada is moving forward with actions to protect Canadian industries and strengthen the economy amid a rapidly evolving global trade landscape. As economic security, industrial policy, and international competition continue to shape investment, trade, and financial decisions around the world, the federal government is moving with speed and ambition to build the strongest economy in the G7.

Department of Finance Canada2026-07-31T13:34:58-04:00https://www.canada.ca/en/department-finance/news/2026/07/government-of-canada-acts-to-protect-canadian-softwood-lumber-jobs-announces-support-to-lumber-company.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced that the federal government is providing $60 million loan to Arbec Bois d'œuvre Inc. through the Large Enterprise Tariff Loan facility. The funding will help the company maintain operations, transition to a business model less reliant on the United States, and limit disruption to its workforce.

Department of Finance Canada2026-07-28T12:38:57-04:00https://www.canada.ca/en/department-finance/news/2026/07/government-of-canada-announces-loan-support-to-millar-western-forest-products-ltd.html

Canada’s forest sector has been impacted by ongoing trade disputes, particularly between the U.S. and China, which has created weak market conditions for softwood lumber, pulp, and other forest products resulting in ongoing economic uncertainty for workers and their families.

Department of Finance Canada2026-07-27T09:38:09-04:00https://www.canada.ca/en/department-finance/news/2026/07/government-launches-consultation-on-draft-legislation-for-various-tax-measures.html

Today, the Department of Finance is releasing for consultation, draft legislative proposals to implement a range of previously announced tax measures, as well as other technical amendments to Canada's tax system.

Department of Finance Canada2026-07-23T11:31:31-04:00https://www.canada.ca/en/department-finance/news/2026/07/minister-champagne-meets-with-provincial-and-territorial-finance-ministers-in-charlottetown-advances-internal-trade-through-key-harmonization-miles.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, met with provincial and territorial finance ministers in Charlottetown to discuss shared priorities, including improving affordability, removing outstanding internal trade barriers between provinces, increasing housing supply and advancing measures to strengthen Canada's long-term economic growth and competitiveness in an uncertain global environment.

Department of Finance Canada2026-07-15T14:12:09-04:00https://www.canada.ca/en/department-finance/news/2026/07/minister-champagne-in-charlottetown-pei-to-host-pre-budget-consultations-and-finance-ministers-meeting.html

On July 14th and 15th, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will be in Charlottetown, Prince Edward Island.

Department of Finance Canada2026-07-13T08:03:51-04:00https://www.canada.ca/en/department-finance/news/2026/07/government-of-canada-launches-consultations-ahead-of-budget-2026.html

In preparation for the fall budget, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today announced the launch of pre-budget consultations.

Department of Finance Canada2026-07-06T15:41:56-04:00https://www.canada.ca/en/department-finance/news/2026/07/secretary-of-state-long-highlights-investment-in-indigenous-sport-programs-to-empower-first-nations-inuit-and-metis-communities.html

Today, the Honourable Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions), highlighted the program’s $227,071 investment in the Nistawoyou Association Friendship Centre to help it deliver Indigenous-led sport and recreation projects that will support the community’s health and well-being. The announcement was made on behalf of the Honourable Adam van Koeverden, Secretary of State (Sport).

Department of Finance Canada2026-07-06T12:16:27-04:00https://www.canada.ca/en/department-finance/news/2026/07/secretary-of-state-long-to-highlight-sport-opportunities-for-indigenous-peoples-in-fort-mcmurray.html

On July 6, the Honourable Wayne Long, Secretary of State responsible for the Canada Revenue Agency and Financial Institutions, will celebrate the 2026–2028 funding recipients of the Sport for Social Development in Indigenous Communities initiative. This announcement will be made on behalf of the Honourable Adam van Koeverden, Secretary of State (Sport).

Department of Finance Canada2026-07-03T12:15:19-04:00https://www.canada.ca/en/department-finance/news/2026/07/following-junes-one-time-payment-canadians-to-start-receiving-first-enriched-quarterly-canada-groceries-and-essentials-benefit-payment-today.html

The Government of Canada is relentlessly focused on making life more affordable for Canadians and reducing the cost of groceries and daily essentials.

Department of Finance Canada2026-07-03T12:06:25-04:00https://www.canada.ca/en/department-finance/news/2026/07/minister-champagne-to-launch-the-2026-pre-budget-consultations.html

On July 6, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will launch the 2026 pre-budget consultations, and hold a roundtable discussion with the Canadian Chamber of Commerce to discuss the myriad ways the Government can continue to support Canada’s economy, sectors and long-term prosperity.

Department of Finance Canada2026-07-03T10:00:07-04:00https://www.canada.ca/en/department-finance/news/2026/06/government-of-canada-announces-additional-520-million-to-help-jasper-rebuild.html

In the summer of 2024, Jasper National Park and the town of Jasper were hit with a devastating wildfire that burned approximately 32,700 hectares and destroyed 30 percent of structures in the town. A significant portion of the park’s infrastructure was also damaged or destroyed. Since then, in partnership with the Government of Alberta, the Municipality of Jasper and local stakeholders, the federal government has supported residents, helped restore services, and rebuilt infrastructure.

Department of Finance Canada2026-06-30T15:23:22-04:00https://www.canada.ca/en/department-finance/news/2026/06/minister-champagne-in-alberta-to-make-an-important-announcement-at-jasper-national-park.html

On June 30, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will be in Alberta making an important announcement in support of the Jasper National Park rebuild.

Department of Finance Canada2026-06-29T15:38:07-04:00https://www.canada.ca/en/department-finance/news/2026/06/government-pre-publishes-regulations-to-prevent-fraud-and-facilitate-the-next-phase-of-consumer-driven-banking.html

The Government of Canada is strengthening Canada’s financial sector and making it work better for Canadians, including by combatting fraud and increasing competition. Today, proposed regulatory measures to support this plan were included in the Canada Gazette, Part I.

Department of Finance Canada2026-06-26T15:05:43-04:00https://www.canada.ca/en/department-finance/news/2026/06/minister-champagne-in-montreal-to-participate-in-an-armchair-discussion-at-the-international-energy-agency-conference.html

On June 29, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in an armchair discussion with Dr. Fatih Birol, Executive Director of the International Energy Agency (IEA), at the IEA’s 11th Annual Global Conference on Energy Efficiency.

Department of Finance Canada2026-06-26T12:43:43-04:00https://www.canada.ca/en/department-finance/news/2026/06/government-announces-largest-indigenous-loan-guarantee-in-canadian-history-to-support-darlington-new-nuclear-project.html

Government announces largest Indigenous loan guarantee in Canadian history to support Darlington New Nuclear Project

Department of Finance Canada2026-06-23T08:00:39-04:00https://www.canada.ca/en/department-finance/news/2026/06/minister-champagne-in-courtice-to-make-an-important-joint-announcement.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will make a joint announcement with the Williams Treaties First Nations and the Government of Ontario, related to Ontario Power Generation’s Darlington New Nuclear Project.

Department of Finance Canada2026-06-22T12:32:49-04:00https://www.canada.ca/en/department-finance/news/2026/06/legislation-passes-to-implement-measures-from-the-spring-economic-update-2026.html

This important legislation delivers targeted measures to support Canadians, build a strong economy and ensure that Canada is well positioned to navigate current global challenges and achieve long-term prosperity.

Department of Finance Canada2026-06-19T17:09:25-04:00https://www.canada.ca/en/department-finance/news/2026/06/legislation-passes-to-boost-housing-supply-and-help-make-housing-more-attainable-for-all-canadians.html

Over the past year, Canadians have navigated a rapidly changing and increasingly fragmented world. In response, Canada’s government continues to focus on what we can control: building a strong Canadian economy, delivering responsible fiscal management, and supporting Canadians who are under pressure from everyday expenses. And when it comes to bringing down costs for Canadians—a key area of focus for the federal government is lowering the cost of a new home.

Department of Finance Canada2026-06-19T15:47:30-04:00https://www.canada.ca/en/department-finance/news/2026/06/canada-announces-provisional-safeguard-tariff-on-imports-of-canned-vegetables-to-protect-canadian-producers.html

The Government of Canada is taking action to protect Canadian industries and strengthen the economy in a rapidly changing global trade environment. As economic security, industrial policy, and global economic competition increasingly shape investment, trade, and financial decisions, the Government of Canada is building the strongest economy in the G7 by moving with speed and ambition to diversify our trade partners and build our strength here at home.

Department of Finance Canada2026-06-19T10:51:25-04:00https://www.canada.ca/en/department-finance/news/2026/06/minister-champagne-in-toronto-to-open-toronto-stock-exchange-and-participate-in-a-fireside-chat.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will join the Toronto Stock Exchange (TSX) and the Canadian ETF Association (CETFA) to open the market in recognition of the continued growth, innovation and impact of Canada's exchange-traded fund (ETF) industry.

Department of Finance Canada2026-06-12T09:30:00-04:00https://www.canada.ca/en/department-finance/news/2026/06/government-of-canada-introduces-targeted-support-to-help-canadas-airline-sector-weather-global-fuel-market-volatility.html

Today, the Government is taking further targeted action to support stability in Canada's airline sector during this period of elevated fuel prices. The Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the launch of the Liquidity for Airline Sector Resilience facility, a new loan program through the Canada Enterprise Emergency Funding Corporation (CEEFC). The facility will offer eligible Canadian airlines experiencing significant financial pressures resulting from elevated jet fuel costs up to $150 million in repayable liquidity support, on an as-needed basis.

Department of Finance Canada2026-06-08T10:07:37-04:00https://www.canada.ca/en/department-finance/news/2026/06/minister-champagne-at-the-conference-of-montreal-for-a-fireside-chat.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in a fireside chat at the 32nd edition of the Conference of Montreal, alongside Mathias Cormann, Secretary-General of the Organisation for Economic Co-operation and Development.

Department of Finance Canada2026-06-05T13:10:08-04:00https://www.canada.ca/en/department-finance/news/2026/06/government-of-canada-renews-support-to-the-international-sustainability-standards-board-office-in-montreal.html

In an increasingly divided and uncertain world, the Government of Canada is focused on what it can control—building a stronger, more independent, and more sustainable economy—and is committed to mobilizing public and private capital to support investment in the transition to net-zero.

Department of Finance Canada2026-06-05T12:16:32-04:00https://www.canada.ca/en/department-finance/news/2026/06/canadians-to-begin-receiving-enhanced-canada-groceries-and-essentials-benefit-starting-today.html

The world’s economic and trade landscape is undergoing a rapid transformation, thrusting countries, businesses, and workers into a period of uncertainty. Canada’s new government is responding accordingly, with a focus on what we can control: building a stronger economy at home, protecting Canadian jobs and sectors, and making life more affordable.

Department of Finance Canada2026-06-05T10:30:08-04:00https://www.canada.ca/en/department-finance/news/2026/06/canadians-to-begin-receiving-enhanced-canada-groceries-and-essentials-benefit-starting-today0.html

Today, the Honourable Wayne Long, Secretary of State responsible for the Canada Revenue Agency and Financial Institutions, highlighted that the Canada Revenue Agency (CRA) has begun issuing a one-time top-up payment under the new Canada Groceries and Essentials Benefit, equal to a 50% increase in the annual 2025-26 value of the Goods and Services Tax (GST) Credit.

Department of Finance Canada2026-06-05T09:02:34-04:00https://www.canada.ca/en/department-finance/news/2026/06/parliamentary-secretary-turnbull-to-make-an-announcement-at-the-sustainable-finance-summit-in-montreal.html

Montréal, Québec – Ryan Turnbull, Parliamentary Secretary to the Minister of Finance and National Revenue, will be in Montréal on June 5 to make an announcement at the Sustainable Finance Summit, on behalf of the Honourable François-Philippe Champagne, Minister of Finance and National Revenue.

Department of Finance Canada2026-06-04T12:00:03-04:00https://www.canada.ca/en/department-finance/news/2026/06/minister-champagne-in-shawinigan-to-unveil-the-coming-into-effect-of-the-one-time-top-up-payment-under-the-new-canada-groceries-and-essentials-benefit.html

Shawinigan, Québec – The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will outline the Government of Canada’s plan to build a stronger economy, offset grocery costs, and make life more affordable for Canadians amid great global uncertainty.

Department of Finance Canada2026-06-04T10:05:49-04:00https://www.canada.ca/en/department-finance/news/2026/06/secretary-of-state-long-in-halifax-to-highlight-more-cost-of-living-support-for-canadians.html

Halifax, Nova Scotia – The Honourable Wayne Long, Secretary of State responsible for the Canada Revenue Agency and Financial Institutions, will outline the Government of Canada’s plan to build a stronger economy, offset grocery costs, and make life more affordable for Canadians amid great global uncertainty.

Department of Finance Canada2026-06-04T09:31:34-04:00