Canada News Centre2026-08-04T07:14:00-04:00https://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/2026/07/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/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/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/2026/06/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/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/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/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/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/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/canada-to-extend-steel-and-aluminum-tariff-measures-to-support-workers-and-businesses.html

Today, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the government will be extending key steel and aluminum tariff measures for one year.

Department of Finance Canada2026-06-03T16:07:18-04:00https://www.canada.ca/en/department-finance/news/2026/06/government-launches-consultations-on-extending-the-canadian-journalism-labour-tax-credit.html

Government launches consultations on extending the Canadian Journalism Labour Tax Credit

Department of Finance Canada2026-06-03T13:21:27-04:00https://www.canada.ca/en/department-finance/news/2026/06/government-of-canada-highlights-support-for-national-transportation-and-logistics-company-and-its-workers.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, highlighted up to $90 million in loan assistance to transportation and logistics company C.A.T. North America Inc. (C.A.T.) through the Large Enterprise Tariff Loan facility.

Department of Finance Canada2026-06-03T10:56:14-04:00https://www.canada.ca/en/department-finance/news/2026/06/government-of-canada-announces-appointments-to-the-canada-pension-plan-investment-board-and-the-canadian-international-trade-tribunal.html

The Government of Canada is committed to appointing highly qualified candidates who are able to best serve the interests of Canadians, through open, competency-based selection processes for all Governor-in-Council appointments.

Department of Finance Canada2026-06-01T13:56:09-04:00https://www.canada.ca/en/department-finance/news/2026/05/secretary-of-state-long-highlights-actions-to-make-it-easier-to-access-the-disability-tax-credit.html

The Disability Tax Credit (DTC) provides significant tax relief for persons with disabilities and their supporting family members.

Department of Finance Canada2026-05-29T10:00:26-04:00https://www.canada.ca/en/department-finance/news/2026/05/parliamentary-secretary-turnbull-to-highlight-canadas-fiscal-discipline-at-oecd-forum-on-restoring-public-finances-in-paris.html

Ryan Turnbull, Parliamentary Secretary to the Minister of Finance and National Revenue and to the Secretary of State (Canada Revenue Agency and Financial Institutions), will participate in the Organisation for Economic Co-operation and Development (OECD) international Forum on Restoring Public Finances on May 27 in Paris, France.

Department of Finance Canada2026-05-26T10:12:27-04:00https://www.canada.ca/en/department-finance/news/2026/05/government-bolsters-canadas-foreign-reserves-by-issuing-global-bond.html

On May 20 the Government of Canada launched a five-year US$3.5 billion global bond.

Department of Finance Canada2026-05-21T11:57:57-04:00https://www.canada.ca/en/department-finance/news/2026/05/minister-champagne-successfully-advances-canadas-interests-at-g7-meeting-in-paris.html

In a world marked by uncertainty and division, Canada is building a stronger and more resilient economy by forging strategic partnerships with like-minded partners abroad, and by advancing a strong economic plan at home.

Department of Finance Canada2026-05-19T13:58:06-04:00https://www.canada.ca/en/department-finance/news/2026/05/government-of-canada-plans-to-issue-us-dollar-global-bond.html

In Budget 2025 and Spring Economic Update 2026, the Government of Canada reiterated its commitment to maintain liquid foreign reserves at or above three per cent of nominal gross domestic product.

Department of Finance Canada2026-05-19T09:03:43-04:00https://www.canada.ca/en/department-finance/news/2026/05/government-of-canada-investing-nearly-1-billion-to-strengthen-small-craft-harbours.html

As part of the Spring Economic Update 2026, the Government of Canada is proposing $957.8 million over five years, starting in 2026-27, for the Small Craft Harbours Program. This historic investment will support the repair, modernization, and climate resilience of core harbour infrastructure and is in addition to DFO’s existing annual program budget of approximately $90 million.

Department of Finance Canada2026-05-12T10:08:47-04:00https://www.canada.ca/en/department-finance/news/2026/05/government-welcomes-canada-growth-fund-investment-to-support-the-expansion-of-canadas-largest-operating-lithium-mine.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed an investment of up to C$145 million by the Canada Growth Fund to support the expansion of North American Lithium (Project or NAL), Canada’s largest operating lithium mine, located in Quebec’s Abitibi region, owned by Elevra Lithium Limited (Elevra).

Department of Finance Canada2026-05-12T08:50:55-04:00https://www.canada.ca/en/department-finance/news/2026/05/government-of-canada-announces-appointments-to-the-canadian-international-trade-tribunal.html

The Government of Canada is committed to appointing highly qualified candidates who are able to best serve the interests of Canadians, through open, competency-based selection processes for all Governor-in-Council appointments.

Department of Finance Canada2026-05-08T13:07:46-04:00https://www.canada.ca/en/department-finance/news/2026/05/minister-champagne-introduces-second-piece-of-legislation-to-implement-budget-2025-canada-strong.html

In Budget 2025, the government outlined its plan to build Canada Strong. Since then, we have moved fast to: build the major infrastructure, homes, and industries that grow Canada’s economy and create lasting prosperity; empower Canadians with better careers and a more affordable life; and protect our communities, our borders, and our way of life.

Department of Finance Canada2026-05-07T13:37:14-04:00https://www.canada.ca/en/department-finance/news/2026/05/minister-champagne-highlights-spring-economic-update-measures-to-fight-financial-crimes.html

The Government of Canada is taking bold action to counter criminal threats, protect Canadians, and ensure that crime doesn’t pay.

Department of Finance Canada2026-05-06T14:50:44-04:00https://www.canada.ca/en/department-finance/news/2026/05/government-of-canada-appoints-director-to-the-canada-pension-plan-investment-board.html

The Government of Canada is committed to appointing highly qualified candidates who can best serve the interests of Canadians, through open, competency-based selection processes for all Governor-in-Council appointments.

Department of Finance Canada2026-05-06T10:35:30-04:00https://www.canada.ca/en/department-finance/news/2026/05/minister-champagne-highlights-spring-economic-update-measures-to-defend-canadas-sovereignty.html

The world is becoming more challenging and divided, and the assumptions that shaped decades of Canadian defence and security are being upended. The threats Canada faces are numerous and growing, ranging from incursions into our Arctic waters to attacks targeting our cyberspace. In this context, Canada is strengthening its sovereign capabilities in critical sectors, and deepening cooperation with trusted partners, to safeguard our security and resilience.

Department of Finance Canada2026-05-04T12:31:46-04:00https://www.canada.ca/en/department-finance/news/2026/05/secretary-of-state-long-highlights-new-flagship-measure-to-build-trades-and-support-canadas-young-people.html

As the global trade landscape shifts, Canada’s new government is focused on what it can control: building a stronger, more independent economy. That means accelerating nation building projects—from affordable housing to defence and local infrastructure—which all depend on a strong skilled trades workforce.

Department of Finance Canada2026-05-01T09:50:07-04:00https://www.canada.ca/en/department-finance/news/2026/04/canada-welcomes-progress-towards-the-establishment-of-the-defence-security-and-resilience-bank-and-hosting-its-headquarters.html

Multilateral negotiations in Montréal on the DSRB’s Charter have concluded, an important first step to set up the new institution. The DSRB will provide long-term, low-cost financing for defence, security, and resilience initiatives across supply chains, helping small- and medium-sized enterprises and member governments to address critical financing gaps.

Department of Finance Canada2026-04-29T22:34:48-04:00https://www.canada.ca/en/department-finance/news/2026/04/government-of-canada-releases-2026-spring-economic-update-canada-strong-for-all.html

In response, Canada’s new government is focused on what we can control—building a stronger, more independent, more resilient economy. We are moving with speed and ambition to diversify our trade partners abroad and build our strength at home. We are delivering responsible fiscal management and supporting Canadians who are under pressure from everyday expenses—with a boost today and a bridge to a better tomorrow.

Department of Finance Canada2026-04-28T16:02:22-04:00https://www.canada.ca/en/department-finance/news/2026/04/minister-champagne-concludes-international-meetings-in-washington-advancing-canadas-strategic-interests.html

Amid growing global division and uncertainty, Canada is forging a stronger, more independent, and resilient economy by engaging strategically with international partners all while advancing a strong economic plan at home.

Department of Finance Canada2026-04-17T14:56:18-04:00https://www.canada.ca/en/department-finance/news/2026/04/minister-champagne-to-participate-in-g7-g20-imf-and-world-bank-group-meetings-in-washington.html

Amid growing global division and uncertainty, Canada is forging a stronger, more independent, and resilient economy by engaging strategically with international partners all while advancing a strong economic plan at home.

Department of Finance Canada2026-04-15T08:49:12-04:00https://www.canada.ca/en/department-finance/news/2026/04/minister-champagne-welcomes-canada-growth-fund-investment-support-construction-nouveau-monde-graphites-flagship-matawinie.html

Graphite mining and refining are foundational to strengthening Canada’s economy and positioning the country for long-term growth in strategic sectors.

Department of Finance Canada2026-04-09T19:39:30-04:00https://www.canada.ca/en/department-finance/news/2026/04/minister-champagne-concludes-productive-visit-to-the-peoples-republic-of-china-advances-canadian-trade-and-financial-services-partnerships.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, concluded a productive visit to the People’s Republic of China, as part of the government’s broader effort to build a stronger and more resilient Canadian economy by diversifying trade partnerships, including by fostering a pragmatic approach to engagements with our second largest trading partner.

Department of Finance Canada2026-04-03T08:10:57-04:00https://www.canada.ca/en/department-finance/news/2026/04/government-of-canada-appoints-interim-master-of-the-royal-canadian-mint.html

The Government of Canada is committed to appointing highly qualified candidates who can best serve the interests of Canadians, through open, competency-based selection processes for all Governor-in-Council appointments.

Department of Finance Canada2026-04-02T13:33:10-04:00https://www.canada.ca/en/department-finance/news/2026/04/government-extends-excise-duty-relief-provides-direct-support-to-canadian-breweries-distilleries-and-wine-makers.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced a two-year extension of alcohol excise duty relief, to protect brewers, distillers, and winemakers during a period of global uncertainty.

Department of Finance Canada2026-04-01T13:12:22-04:00https://www.canada.ca/en/department-finance/news/2026/03/bolstering-defence-capacity-in-new-brunswick-through-canadas-defence-industrial-strategy.html

Today, the Honourable Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions), announced federal defence investments in two New Brunswick projects on behalf of the Honourable Sean Fraser, Minister of Justice and Attorney General of Canada and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA).

Department of Finance Canada2026-03-31T09:32:04-04:00https://www.canada.ca/en/department-finance/news/2026/03/minister-champagne-to-travel-to-the-peoples-republic-of-china-build-closer-strategic-and-economic-partnerships.html

In a more divided and uncertain world, Canada's new government is building a stronger, more independent, and more resilient economy—working with determination to diversify our country’s trade partnerships.

Department of Finance Canada2026-03-30T15:30:13-04:00https://www.canada.ca/en/department-finance/news/2026/03/minister-champagne-highlights-new-measures-in-montreal-as-part-of-canadas-follow-the-money-strategy-against-extortion.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, accompanied by Ian Lafrenière, Minister of Public Security of Québec, and Soraya Martinez Ferrada, Mayor of Montréal, highlighted Canada’s new “follow-the-money” strategy to strengthen the country’s ability to detect, disrupt, and prevent extortion across Canada.

Department of Finance Canada2026-03-30T13:38:59-04:00https://www.canada.ca/en/department-finance/news/2026/03/government-of-canada-launches-consultations-on-first-ever-national-anti-fraud-strategy.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, formally launched consultations on Canada’s first-ever whole-of-government National Anti-Fraud Strategy, as announced on October 20, 2025 and in Budget 2025.

Department of Finance Canada2026-03-27T15:44:15-04:00https://www.canada.ca/en/department-finance/news/2026/03/legislation-passes-to-implement-budget-2025-canada-strong.html

Today, Bill C-15, the Budget Implementation Act, 2025, No. 1, received Royal Assent. This key piece of legislation will help the government deliver on its plan to build one united economy, empower Canadians to get ahead, and protect our country and sovereignty — today, and for generations to come.

Department of Finance Canada2026-03-26T20:50:46-04:00https://www.canada.ca/en/department-finance/news/2026/03/boosting-canadas-housing-supply-and-making-housing-more-attainable-for-all-canadians.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, introduced Bill C-26, An Act to authorize certain payments to be made out of the Consolidated Revenue Fund for the purpose of improving housing supply. Subject to passage, this legislation proposes to provide immediately $1.7 billion to provinces and territories to implement measures to increase Canada’s housing supply.

Department of Finance Canada2026-03-26T15:14:28-04:00https://www.canada.ca/en/department-finance/news/2026/03/canada-hosts-partners-to-advance-establishment-of-the-defence-security-and-resilience-bank.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, the Honourable David McGuinty, Minister of National Defence, and the Honourable Anita Anand, Minister of Foreign Affairs, welcome Canada’s role as host of in-person negotiations beginning today among representatives from eighteen countries to establish the Defence, Security and Resilience Bank (DSRB). This new multilateral financial institution will bring together likeminded partners to mobilize and deploy private capital and support collective security.

Department of Finance Canada2026-03-23T08:00:01-04:00https://www.canada.ca/en/department-finance/news/2026/03/government-of-canada-appoints-chairperson-to-the-canadian-international-trade-tribunal.html

The Government of Canada is committed to appointing highly qualified candidates who are able to best serve the interests of Canadians, through open, competency-based selection processes for all Governor-in-Council appointments.

Department of Finance Canada2026-03-19T10:40:28-04:00https://www.canada.ca/en/department-finance/news/2026/03/secretary-of-state-long-highlights-recent-measures-to-make-life-more-affordable-for-canadians.html

The global landscape is rapidly changing, leaving economies, businesses, and workers under a cloud of uncertainty. In response, Canada’s new government is focused on what we can control: building a stronger economy to make life more affordable for Canadians.

Department of Finance Canada2026-03-17T15:47:35-04:00https://www.canada.ca/en/department-finance/news/2026/03/minister-champagne-welcomes-canada-growth-fund-investment-in-quebec-clean-technology-fertilizer-company.html

Canada’s agricultural sector is a key contributor to Canada’s competitiveness, sustainability, and food security. It is a symbol of the country’s ingenuity and resilience and plays a vital role in supporting jobs and growth across the country and in rural communities. To build a cleaner, stronger agricultural sector, and more productive economy, the government is committed to supporting sustainable farming practices, promoting low-emission technologies, and investing in innovations that reduce environmental impact and drive industrial growth.

Department of Finance Canada2026-03-17T11:02:46-04:00https://www.canada.ca/en/department-finance/news/2026/03/legislation-to-make-life-more-affordable-receives-royal-assent.html

Bill C-4, the Making Life More Affordable for Canadians Act, today received Royal Assent. This legislation brings key affordability measures into law, which will save Canadians hundreds of dollars each year.

Department of Finance Canada2026-03-12T16:30:43-04:00https://www.canada.ca/en/department-finance/news/2026/03/minister-champagne-announces-new-10-cap-on-nsf-fees-and-other-measures-to-lower-banking-costs-for-canadians.html

The Government of Canada is focused on bringing down everyday expenses, including consumer pain points and unnecessary costs that can add up at the end of the month, such as banking fees.

Department of Finance Canada2026-03-11T13:11:09-04:00https://www.canada.ca/en/department-finance/news/2026/03/government-supports-equity-purchase-of-hydro-one-line-to-advance-indigenous-economic-participation.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed the second loan guarantee transaction under the Indigenous Loan Guarantee Program (ILGP).

Department of Finance Canada2026-03-10T16:45:04-04:00https://www.canada.ca/en/department-finance/news/2026/03/government-of-canada-invests-in-new-technologies-to-support-windsor-manufacturer.html

To sustain that leadership, the Government of Canada is focused on supporting the suppliers and manufacturers who form the backbone of this sector—helping them navigate tariff pressures, strengthen their operations, and enhance competitiveness in a rapidly evolving global market. Canada’s mold and machining industries are a key component of this.

Department of Finance Canada2026-03-06T08:59:58-05:00https://www.canada.ca/en/department-finance/news/2026/02/government-launches-consultations-to-strengthen-canadas-automotive-remission-framework.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today launched consultations on potential ways to strengthen Canada’s automotive remission framework by further incentivizing companies to produce and invest in Canada, ensuring Canada remains a global powerhouse for automotive manufacturing.

Department of Finance Canada2026-02-27T09:59:57-05:00https://www.canada.ca/en/department-finance/news/2026/02/department-of-finance-releases-annual-report-on-federal-tax-expenditures.html

Today, the Department of Finance Canada released its annual estimates of the fiscal cost of federal tax measures in the 2026 Report on Federal Tax Expenditures—Concepts, Estimates and Evaluations.

Department of Finance Canada2026-02-26T10:11:04-05:00https://www.canada.ca/en/department-finance/news/2026/02/government-announces-new-measures-to-help-protect-canadians-and-businesses-against-extortion.html

For too many Canadian individuals and businesses, extortion is a reality of everyday life—one that brings fear, intimidation, and harm to communities and families alike and that undermines Canadians’ sense of safety. These crimes are typically carried out by organized networks operating across borders and using digital platforms. That’s why coordinated action between governments, law enforcement, and financial institutions is essential and at the heart of today’s announcement.

Department of Finance Canada2026-02-19T09:28:44-05:00https://www.canada.ca/en/department-finance/news/2026/02/government-welcomes-canada-growth-fund-investment-in-thompson-nickel-mine0.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed a strategic commitment to invest up to US$85 million (approximately C$116 million) by the Canada Growth Fund as part of a broader transaction to acquire and turn around the Vale Base Metals Thompson Mine Complex.

Department of Finance Canada2026-02-19T08:00:56-05:00https://www.canada.ca/en/department-finance/news/2026/02/minister-champagne-concludes-visit-to-brussels-to-deepen-economic-and-security-partnerships0.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, concluded a productive visit in Brussels, Belgium, to reiterate Canada’s commitment to shared economic prosperity and strengthened collaboration on both sides of the Atlantic. Throughout this visit, Minister Champagne solidified Canada’s strengths as a key partner in transatlantic trade, security, innovation, and defence, while reinforcing a shared commitment to global economic prosperity.

Department of Finance Canada2026-02-16T18:47:47-05:00https://www.canada.ca/en/department-finance/news/2026/02/government-launches-consultations-on-potential-domestic-content-requirement-for-clean-technology-and-clean-electricity-investment-tax-credits.html

As committed to in Budget 2025, the Department of Finance Canada today launched consultations on the possibility of introducing a domestic content requirement under the Clean Technology and Clean Electricity investment tax credits (ITCs).

Department of Finance Canada2026-02-13T15:43:44-05:00https://www.canada.ca/en/department-finance/news/2026/02/minister-champagne-will-travel-to-brussels-to-deepen-economic-and-security-ties-with-european-counterparts-and-private-sector-partners.html

While in Brussels, Minister Champagne will address the Eurogroup at a session on navigating global imbalances in the context of geo-economic risks. This marks a milestone as it is the first time a Canadian Finance Minister has been invited to participate in a meeting of the Eurogroup. The Eurogroup is an informal body that ensures close coordination of economic policies among the euro area member states and promotes conditions for stronger economic growth. It provides a key platform for Canada to align on growth strategies with its closest allies.

Department of Finance Canada2026-02-13T10:56:46-05:00https://www.canada.ca/en/department-finance/news/2026/02/legislation-passes-to-deliver-new-canada-groceries-and-essentials-benefit.html

The global landscape is rapidly changing, leaving economies, businesses, and workers under a cloud of uncertainty.

Department of Finance Canada2026-02-12T18:43:37-05:00https://www.canada.ca/en/department-finance/news/2026/02/canada-successfully-prices-new-green-bond-to-raise-2-billion.html

This week, the Government of Canada successfully priced its sixth issuance of a Canadian-dollar-denominated green bond, raising $2 billion in a new 10-year offering.

Department of Finance Canada2026-02-04T16:09:49-05:00https://www.canada.ca/en/department-finance/news/2026/02/canada-to-launch-sixth-green-bond-issuance.html

The Government of Canada is launching its sixth issuance of Canadian-dollar-denominated green bonds this week, subject to market conditions.

Department of Finance Canada2026-02-02T11:06:08-05:00https://www.canada.ca/en/department-finance/news/2026/01/secretary-of-state-long-highlights-the-new-canada-groceries-and-essentials-benefit.html

Today in Miramichi, the Honourable Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions), took part in an event to highlight how the government is working to make life more affordable, and delivering significant new support for those most affected by the rising price of food.

Department of Finance Canada2026-01-30T12:00:32-05:00https://www.canada.ca/en/department-finance/news/2026/01/government-launches-consultation-on-draft-legislation-for-previously-announced-and-technical-tax-measures.html

The Department of Finance today released for consultation draft legislative proposals to implement a range of previously announced tax measures. The proposed changes aim to clarify and improve tax rules, close gaps to prevent tax avoidance, and ensure existing measures work as intended.

Department of Finance Canada2026-01-29T16:11:06-05:00https://www.canada.ca/en/department-finance/news/2026/01/government-welcomes-canada-growth-fund-investment-in-canadian-cleantech-company-mangrove-lithium.html

Today, the Honourable Jill McKnight, Minister of Veterans Affairs and Associate Minister of National Defence, on behalf of the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed a strategic investment of up to US$65 million (approximately C$89.6 million) by the Canada Growth Fund in Mangrove Water Technologies Inc. (“Mangrove Lithium”), as part of a US$85 million structured financing package with BMW i Ventures and Breakthrough Energy Ventures.

Department of Finance Canada2026-01-15T13:00:15-05:00https://www.canada.ca/en/department-finance/news/2026/01/government-announces-the-2026-automobile-deduction-limits-and-expense-benefit-rates-for-businesses.html

Today, the Department of Finance Canada announced the automobile income tax deduction limits and expense benefit rates that will apply in 2026.

Department of Finance Canada2026-01-14T14:00:02-05:00https://www.canada.ca/en/department-finance/news/2026/01/minister-champagne-to-travel-to-washington-to-meet-with-international-counterparts.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will be in Washington D.C. on January 11 and 12 to participate in a series of meetings with his G7 counterparts and other like-minded countries on trade.

Department of Finance Canada2026-01-11T11:03:02-05:00https://www.canada.ca/en/department-finance/news/2025/12/minister-champagne-emphasizes-canadas-consequential-g7-presidency.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today co-chaired the last meeting of G7 Finance Ministers and Central Bank Governors under Canada’s G7 Presidency, alongside Tiff Macklem, Governor of the Bank of Canada.

Department of Finance Canada2025-12-19T15:00:46-05:00https://www.canada.ca/en/department-finance/news/2025/12/government-provides-crucial-support-to-the-ekati-diamond-mine-amid-trade-uncertainty-protects-northern-workers-and-local-communities-in-the-northwe.html

Tariffs coupled with low global diamond prices, inflationary pressures, and sustained supply chain bottlenecks are proving a challenge to navigate. That’s why the government is responding with a loan to support the Ekati Diamond Mine in the Northwest Territories.

Department of Finance Canada2025-12-18T14:05:30-05:00https://www.canada.ca/en/department-finance/news/2025/12/government-announces-next-steps-toward-made-in-canada-sustainable-investment-guidelines.html

The Government of Canada is committed to mobilizing public and private capital to promote investment in sustainability, as part of the transition to net-zero. Budget 2025 reconfirmed the government’s support for the arm’s-length development of made-in-Canada sustainable investment guidelines, also known as a taxonomy, and committed to the selection of an external organization to lead it by the end of the year.

Department of Finance Canada2025-12-18T09:05:32-05:00https://www.canada.ca/en/department-finance/news/2025/12/minister-champagne-strengthens-trade-and-defence-ties-with-key-european-partners.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today concluded a successful European visit to France, the United Kingdom, and Germany during which he reinforced Canada’s commitment to shared economic prosperity, resilient supply chains, and stronger transatlantic collaboration.

Department of Finance Canada2025-12-17T15:45:06-05:00https://www.canada.ca/en/department-finance/news/2025/12/minister-champagne-to-travel-to-europe-to-advance-economic-partnerships-and-collaboration.html

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will travel to Europe from December 15 to 18 to meet with European government counterparts, officials, business leaders, and strategic partners to reinforce Canada’s commitment to shared economic prosperity, resilient supply chains, and strengthened collaboration on both sides of the Atlantic.

Department of Finance Canada2025-12-12T16:03:38-05:00https://www.canada.ca/en/department-finance/news/2025/12/government-implements-new-measures-to-protect-canadas-steel-industry.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced the implementation of new measures announced by the Prime Minister on November 26, designed to provide immediate relief and long-term clarity for Canadian manufacturers.

Department of Finance Canada2025-12-12T12:24:40-05:00https://www.canada.ca/en/department-finance/news/2025/12/minister-champagne-meets-with-provincial-and-territorial-finance-ministers-deepens-partnerships-for-a-stronger-economic-future-for-canada.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, hosted a provincial and territorial Finance ministers' meeting in Ottawa. Participants discussed the shared national priority of strengthening Canada's economy and enhancing our global competitiveness in an increasingly divided world, setting a clear course to become the strongest economy in the G7.

Department of Finance Canada2025-12-11T17:56:48-05:00https://www.canada.ca/en/department-finance/news/2025/12/minister-champagne-welcomes-imf-positive-assessment-of-canadas-economic-resilience-and-fiscal-strength.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed the International Monetary Fund (IMF)’s Concluding Statement of the 2025 Article IV Mission.

Department of Finance Canada2025-12-05T12:11:05-05:00https://www.canada.ca/en/department-finance/news/2025/12/government-announces-appointments-to-the-bank-of-canadas-board-of-directors.html

In keeping with this commitment, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the appointment of Chantal Frappier, Marjolaine Giasson, Sandra L. Hanington, Maureen C. Jensen and Andrew D. Mutch to the Board of Directors of the Bank of Canada, effective November 27, 2025.

Department of Finance Canada2025-12-01T14:44:59-05:00https://www.canada.ca/en/department-finance/news/2025/11/minister-champagne-introduces-legislation-to-implement-budget-2025-canada-strong.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, introduced Bill C-15, Budget 2025 Implementation Act, No. 1, an important first piece of legislation to advance key Budget 2025: Canada Strong priorities.

Department of Finance Canada2025-11-18T16:21:31-05:00https://www.canada.ca/en/department-finance/news/2025/11/government-announces-appointment-to-the-board-of-directors-of-the-canada-development-investment-corporation.html

The Government of Canada is committed to appointing highly qualified candidates who are able to best serve the interests of Canadians, through open, transparent, and merit-based selection processes for all Governor-in-Council appointments.

Department of Finance Canada2025-11-12T08:49:08-05:00https://www.canada.ca/en/department-finance/news/2025/11/secretary-long-highlights-budget-investment-in-new-trade-diversification-corridors-fund-at-port-saint-john.html

In a rapidly changing and uncertain world, Canada’s new government is focused on what we can control.

Department of Finance Canada2025-11-08T09:48:49-05:00https://www.canada.ca/en/department-finance/news/2025/11/minister-champagne-highlights-budget-2025-measures-to-promote-competition-and-affordability.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, highlighted core measures from this week’s Budget 2025 to lower the prices Canadians pay by promoting private sector competition.

Department of Finance Canada2025-11-06T09:24:22-05:00https://www.canada.ca/en/department-finance/news/2025/11/government-of-canada-releases-budget-2025-canada-strong.html

Canada’s new government puts forward a plan to build, protect, and empower Canada

Department of Finance Canada2025-11-04T16:03:38-05:00https://www.canada.ca/en/department-finance/news/2025/10/minister-champagne-clamps-down-on-driver-inc-scheme-in-budget-2025.html

To restore fairness to the sector and ensure workers are receiving the benefits they deserve, Budget 2025 will provide $77.0 million over four years, starting in 2026-27, with ongoing funding of $19.2 million annually, for the Canada Revenue Agency to lift the moratorium on the penalties for failure to report fees for service transactions in the trucking industry and to implement a focused program that addresses non-compliance issues related to personal services businesses and reporting fees for service.

Department of Finance Canada2025-10-30T06:00:02-04:00https://www.canada.ca/en/department-finance/news/2025/10/minister-champagne-announces-funding-to-advance-equality-and-build-safer-more-inclusive-communities-across-canada.html

We are building our economy with major projects and millions more homes, we are empowering Canadians with lower costs and new opportunities to help you get ahead, and we are protecting our communities and our country.

Department of Finance Canada2025-10-29T13:52:56-04:00https://www.canada.ca/en/department-finance/news/2025/10/budget-2025-to-invest-in-canadian-workers.html

Canada has a skilled and adaptable workforce, the most educated in the world. On November 4, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will table Budget 2025 – the government’s plan to deliver generational, transformational investments to grow our economy, empower workers, create high-paying careers, and protect and support those most affected by trade disruptions.

Department of Finance Canada2025-10-27T10:00:03-04:00https://www.canada.ca/en/department-finance/news/2025/10/canada-takes-decisive-action-to-protect-auto-industry-and-workers.html

The Government of Canada is delivering on its commitment to protect Canada’s auto industry and workers. Today, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, and the Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, the Honourable Mélanie Joly, jointly announced significant reductions to the import quotas of General Motors (GM) and Stellantis.

Department of Finance Canada2025-10-23T20:26:56-04:00https://www.canada.ca/en/department-finance/news/2025/10/minister-champagne-takes-aim-at-financial-scams-and-abuse-announces-anti-fraud-strategy-and-new-financial-crimes-agency.html

In a rapidly changing and uncertain world, Canada’s new government is focused on what we can control. We are protecting our communities and our country. We are building our economy with major projects and millions more homes. We are empowering Canadians with lower costs and new opportunities to help you get ahead. We cannot control what other nations do, but we can control what we choose to build – and we are building Canada Strong.

Department of Finance Canada2025-10-20T11:20:02-04:00https://www.canada.ca/en/department-finance/news/2025/10/canadian-businesses-impacted-by-response-to-us-tariffs-to-benefit-from-relief.html

The Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, today announced relief to support Canadian businesses affected by the countermeasures Canada has announced in response to the tariffs imposed by the United States.

Department of Finance Canada2025-10-17T13:35:58-04:00https://www.canada.ca/en/department-finance/news/2025/10/government-of-canada-announces-appointment-to-the-canada-pension-plan-investment-board.html

In keeping with this commitment, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the appointment of Stephanie Coyles to the Board of Directors of the Canada Pension Plan Investment Board. This appointment is set for a term of three years, effective October 10.

Department of Finance Canada2025-10-17T09:00:11-04:00https://www.canada.ca/en/department-finance/news/2025/10/minister-champagne-concludes-international-meetings-in-dc-advancing-global-economic-resilience.html

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, concluded a productive trip to Washington, D.C.

Department of Finance Canada2025-10-16T18:46:31-04:00https://www.canada.ca/en/department-finance/news/2025/10/canada-successfully-prices-green-bonds-to-raise-25-billion.html

This week, the Government of Canada successfully priced its fifth issuance of Canadian-dollar-denominated green bonds, including a new 30-year bond and the re-opening of its 7-year bond issued in February 2025.

Department of Finance Canada2025-10-14T16:02:15-04:00https://www.canada.ca/en/department-finance/news/2025/10/canada-minister-champagne-to-chair-g7-finance-ministers-meetings-in-washington-participate-in-consequential-g20-imf-and-world-bank-group-meetings.html

The G7 Finance Ministers and Central Bank Governors' Meeting, which Minister Champagne will co-chair with Tiff Macklem, Governor of the Bank of Canada, will be an opportunity to discuss the global economy and advance progress on international issues including Russia’s illegal war against Ukraine. The Prime Minister of Ukraine, Yuliia Svyrydenko, and Minister of Finance of Ukraine, Sergii Marchenko, will join for parts of the meeting.

Department of Finance Canada2025-10-14T10:40:22-04:00https://www.canada.ca/en/department-finance/news/2025/10/canada-to-launch-fifth-green-bond-issuance.html

Green bonds unlock private financing to speed up projects such as green infrastructure and nature conservation. Projects funded by green bonds will grow Canada’s economy and create jobs across the country. Mobilizing capital through green bonds is an important tool of Canada’s strategy to achieve net-zero emissions by 2050.

Department of Finance Canada2025-10-08T13:57:33-04:00https://www.canada.ca/en/department-finance/news/2025/10/government-of-canada-modernizes-its-budgeting-approach-to-deliver-generational-investments.html

Government of Canada modernizes its budgeting approach to deliver generational investments

Department of Finance Canada2025-10-06T09:55:22-04:00https://www.canada.ca/en/department-finance/news/2025/10/government-of-canada-announces-appointments-to-the-canada-pension-plan-investment-board.html

The Government of Canada is committed to appointing highly qualified candidates who are able to best serve the interests of Canadians, through open, transparent and merit-based selection processes for all Governor-in-Council appointments.

Department of Finance Canada2025-10-03T16:46:48-04:00https://www.canada.ca/en/department-finance/news/2025/09/government-of-canada-acts-to-protect-canadian-steel-jobs-announces-support-to-an-industry-leader.html

Today, the Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for the Federal Economic Development Agency for Northern Ontario and Terry Sheehan, Member of Parliament for Sault Ste. Marie—Algoma, on behalf of the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, alongside Will Bouma, Parliamentary Assistant to the Minister of Northern Economic Development and Growth for Ontario, and Bill Rosenberg, Member of Provincial Parliament for Algoma—Manitoulin, announced that the federal and provincial governments have entered into binding term sheet with Algoma Steel Inc. to provide financial support.

Department of Finance Canada2025-09-29T10:39:41-04:00https://www.canada.ca/en/department-finance/news/2025/09/minister-champagne-concludes-consequential-european-trip-strengthens-security-and-trade-ties-with-key-allies.html

As Canada and the European Union mark the 8th anniversary of the Comprehensive Economic and Trade Agreement (CETA), the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today concluded a consequential and productive trip to Copenhagen, Denmark, where he participated in the meeting of European Union (EU) Economy and Finance Ministers (ECOFIN).

Department of Finance Canada2025-09-20T08:08:46-04:00