Secretary of State for Canada Revenue Agency and Financial Institutions Wayne Long (Saint John—Kennebecasis, N.B.) highlighted a $227,071 federal investment in the Nistawoyou Association Friendship Centre in Fort McMurray to deliver Indigenous-led sport, recreation and wellness programs for Indigenous women, girls, 2SLGBTQI+ people and participants with disabilities. The funding is part of the federal government’s … Read more
In addition to the June five one-time top-up payment, eligible families and individuals are receiving an increase in the value of the former GST Credit of 25 per cent for five years via their Canada Groceries and Essentials Benefit (CGEB) payment. This increase will deliver $8.6 billion in additional support over five years, including to … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) announced $520 million in additional funding to help accelerate rebuilding of Jasper National Park in Alberta and ensure the critical repairs are completed efficiently, including by continuing to provide interim housing for displaced residents. The full release is available online. Contact john.fragos@fin.gc.ca.
Proposed regulatory measures to support this plan were included in the Canada Gazette, Part I. Proposed regulations to combat consumer-targeted fraud were pre-published for a 30-day comment period, as a first step ahead of the government’s broader work to develop a National Anti-Fraud Strategy. These new regulations are needed to operationalize the amendments to the Bank … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) announced a loan guarantee transaction that will allow seven First Nations in Ontario (the Williams Treaties First Nations) to eventually own a significant minority interest in the Darlington New Nuclear Project. The transaction is the first collaboration between the Canada Indigenous Loan Guarantee Corporation (CILGC) and … Read more
On June 18, Bill C‑30, An Act to implement certain provisions of the Spring Economic Update tabled in Parliament on April 28, 2026, received Royal Assent. Bill C-30 introduces key measures to help reduce everyday costs, including: Suspending the federal fuel excise tax on gasoline and diesel from April 20 to Sept. 7, cutting costs by … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) announced a 10 per cent surtax on global imports of canned vegetables. This provisional safeguard measure is intended to address the critical circumstances and immediate challenges facing the Canadian canned vegetable industry and to mitigate the impact of trade diversion on domestic producers, helping to … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) 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 … Read more
Secretary of State for Canada Revenue Agency and Financial Institutions Wayne Long (Saint John—Kennebecasis, N.B.) 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 per cent increase in the annual 2025-26 value of the Goods and Services Tax (GST) Credit. The … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) announced the government will be extending key steel and aluminum tariff measures for one year. Subject to approval by the Governor in Council, Canada will extend its steel tariff-rate quotas (TRQ) regime for imports from non-CUSMA partners, and the existing horizontal tariff relief for eligible … Read more
