Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) welcomed the announcement of the third investment by the Canada Growth Fund—a $50 million investment in Montréal-based Idealist Capital. This will help innovative clean tech businesses across Canada to scale-up their ideas into solutions that will create good jobs, grow the economy, and accelerate Canada … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) visited Hudson House in Victoria, B.C., to highlight how Canada’s economic plan is building more homes, faster. With the support of $100 million from the federal government’s Apartment Construction Loan Program, Hudson House is now welcoming its first residents into 1700 Blanshard Street, which will … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) and Minister of Small Business Rechie Valdez (Mississauga–Streetsville, Ont.) announced that the federal government is delivering thousands of dollars in alcohol excise duty relief to Canadian businesses, particularly local craft breweries. The government is proposing to: For two additional years, cap the inflation adjustment at … Read more
In advance of the 2024 federal budget, Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) met with leading private sector economists to discuss their outlook on the Canadian and global economies, as well as to hear their views on the federal government’s economic plan to unlock pathways to the middle class for the next … Read more
The Government of Canada successfully issued its second green bond. This 10-year, $4 billion green bond fulfills the government’s commitment in the 2023 Fall Economic Statement to issue a $4 billion green bond in the 2023-24 fiscal year. The full release is available online. Contact mediare@fin.gc.ca.
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.), joined by Minister of Housing, Infrastructure and Communities Sean Fraser (Central Nova, N.S.) and Innovation, Science and Industry Minister François-Philippe Champagne (Saint-Maurice–Champlain, Que.), announced new action to build more homes, faster, and strengthen competition to lower prices for Canadians. To scale-up new homebuilding technologies and … Read more
The Government of Canada announced its plan to issue its second Canadian-dollar-denominated green bond this week, subject to market conditions. This issuance will be the first under Canada’s updated Green Bond Framework, released on Nov. 21, 2023. As announced in the 2023 Fall Economic Statement, certain nuclear energy expenditures are now included in the framework, in line with current … Read more
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) announced the appointment of Werner Liedtke as interim Commissioner of the Financial Consumer Agency of Canada. The full release is available online. Contact Katherine.Cuplinskas@fin.gc.ca.
Finance Minister and Deputy Prime Minister Chrystia Freeland (University-Rosedale, Ont.) visited 290 Colony St. in Winnipeg, Man., to highlight how Canada’s economic plan is building more homes, faster. She announced that the federal government is providing $16 million through the Affordable Housing Fund to build 214 new rental homes at 308 Colony Street—the latest new project … Read more
The federal government announced the Canada Carbon Rebate amounts for 2024-25. In addition to the base Canada Carbon Rebate amounts, starting this year, the federal government is proposing, through legislative amendments in Bill C-59, to double the rural top-up to 20 per cent, in recognition of rural Canadians’ higher energy needs and more limited access to … Read more
