Budget 2024 is seizing the opportunities of today to build a Canada that works better for every generation: the new $6 billion Canada Housing Infrastructure Fund will accelerate the construction of the infrastructure communities need to build more homes; and the federal government is cutting red tape to get major job-creating projects done. The full release is available online. … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.), Minister for Women and Gender Equality and Youth Marci Ien (Toronto Centre, Ont.) and Toronto Mayor Olivia Chow announced a joint investment of $14.12 million for the Blackhurst Cultural Centre’s second phase expansion. The full release is available online. Contact Katherine.Cuplinskas@fin.gc.ca.
At Dalhousie University in Halifax, N.S., Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) highlighted Budget 2024 investments in science and research, including $2.6 billion for core research grants and enhanced scholarships and fellowships; investing $1.3 billion in Canada Student Grants and interest-free Canada Student Loans; and investing $734 million to support Canada’s world-leading research infrastructure and institutes. The … Read more
Finance Canada released a statement: “We, the G7 Finance Ministers and Central Bank Governors, met on 23-25 May 2024 in Stresa, Italy […] Over the course of this session, we exchanged views on the global implications of Artificial Intelligence, ongoing initiatives for development and cross-border payments, and agreed to continue working in close cooperation in relevant … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.), Health Minister Mark Holland (Ajax, Ont.) and Employment, Workforce Development and Official Languages Minister Randy Boissonnault (Edmonton Centre, Alta.) highlighted the federal government’s action to strengthen public health care and ensure Canada’s social safety net lifts up every generation. The full release is available online. Contact Navpreet.Chhatwal@fin.gc.ca.
Canada and the United States announced the renewal of the bilateral Canada-U.S. Energy Transformation Task Force for an additional year. Canada and the U.S. also jointly announced the first co-investments targeting the development of strategic critical mineral deposits in Canada. The U.S. Department of Defense announced C$20.0 million in awards to Canadian companies Fortune Minerals Limited and Lomiko … Read more
In Bridgewater, Nova Scotia, Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) and Families, Children and Social Development Minister Jenna Sudds (Kanata-Carleton, Ont.), joined Becky Druhan, Nova Scotia’s Minister of Education and Early Childhood Development, to announce a federal investment of an additional $19.8 million over four years to help reach our goal of building … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) highlighted Budget 2024: Fairness for Every Generation, including doubling the Volunteer Firefighters Tax Credit and the Search and Rescue Volunteers Tax Credit; and our partnership with the International Association of Fire Fighters by providing an additional $800,000 for wildfire fighting capacity. The full release is available online. … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) highlighted how Budget 2024: Fairness for Every Generation is taking further action to protect our environment today and for the next generation: A 30 per cent Clean Technology Manufacturing investment tax credit and the up to 40 per cent Clean Hydrogen investment tax credit. Doubles the Volunteer … Read more
The G7 Finance Ministers and Central Bank Governors’ released a statement: “The global economy has shown resilience to recent multiple shocks and risks have become more balanced. Nevertheless, growth prospects remain below historical averages and heterogeneous across countries and regions. Inflation has further receded thanks to moderating commodity prices, easing supply bottlenecks, and still-tight monetary … Read more
