Finance Canada

Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.), Employment, Workforce Development and Official Languages Minister Randy Boissonnault (Edmonton Centre, Alta.), and Minister of Public Services and Procurement Jean-Yves Duclos (Québec, Que.) announced further action to protect and create jobs for Canadian workers: Imports of certain Chinese-made steel and aluminum products are subject to a … Read more

Finance Canada

Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.), Manitoba Premier Wab Kinew, Families, Children and Social Development Minister Jenna Sudds (Kanata-Carleton, Ont.) and Minister of Northern Affairs Dan Vandal (Saint Boniface-Saint Vital, Man.) announced that the governments of Canada and Manitoba have reached an agreement to expand school food programs in Manitoba. This agreement, … Read more

Department of Finance

Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) announced the appointment of Shereen Miller as Commissioner of the Financial Consumer Agency of Canada (FCAC) for a five-year term, beginning on November 7, 2024. The FCAC Commissioner plays a leading role in advocating for the rights and interests of Canadians when accessing financial products … Read more

Finance Canada

In Toronto, Ont., at the Principles for Responsible Investment conference, Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) announced: A plan to deliver Made-in-Canada sustainable investment guidelines; and, Mandatory climate-related financial disclosures for large, federally incorporated private companies. The full release is available online. Contact Katherine.Cuplinskas@fin.gc.ca. Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) highlighted the government’s … Read more

Finance Canada

Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) and Minister of Citizens’ Services Terry Beech (Burnaby North—Seymour, B.C.) announced progress in the government’s work to unlock more land in our communities for housing, including: technical guidance for lenders and insurers to offer mortgage refinancing for homeowners looking to add secondary suites to their homes, … Read more

Finance Canada

Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) announced the final list of steel and aluminum products from China that will be subject to the 25 per cent surtax, effective Oct. 22, 2024. This will protect workers and businesses in Canada’s steel and aluminum sectors against China’s unfair trade policies and prevent trade … Read more

Finance Canada

Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.), Crown-Indigenous Relations Minister Gary Anandasangaree (Scarborough—Rouge Park, Ont.) and Toronto Mayor Olivia Chow highlighted how the federal government is working with the City of Toronto to accelerate public transit for Torontonians. In April 2023, the federal government and the City of Toronto announced a joint investment of $700 … Read more

Finance Canada

Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) announced technical guidance for lenders and insurers to ensure Canadians can benefit from these mortgage reforms by Dec. 15: Increasing the $1 million price cap for insured mortgages to $1.5 million. Expanding eligibility for 30 year mortgage amortizations to all first-time homebuyers and to all … Read more

Finance Canada

Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) announced a suite of reforms to mortgage rules to make mortgages more affordable for Canadians and put homeownership within reach: Increasing the $1 million price cap for insured mortgages to $1.5 million; and Expanding eligibility for 30 year mortgage amortizations to all first-time homebuyers and … Read more

Finance Canada

On Aug. 26, 2024, following a first 30-day consultation, the Government of Canada announced it will be implementing a 100 per cent surtax on all Chinese-made EVs, effective October 1, 2024, and a 25 per cent surtax on imports of steel and aluminum products from China, effective October 15, 2024. On Sept. 10, Canada launched a … Read more