Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) tabled the Spring Economic Update 2026. The Spring Economic Update 2026 ensures all Canadians can participate in building Canada strong and share in its success: The Canada Strong Fund—Canada’s first national sovereign wealth fund. This will invest in key, strategic Canadian projects and companies. While Canadians will … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) issued a statement: “In response to a formal request from the Canadian Wood Products Alliance, the government has directed the Canadian International Trade Tribunal to conduct an inquiry on global imports of solid and engineered wood cabinets and vanities, solid and engineered hardwood flooring, and … Read more
The representatives of the Group of Creditors of Ukraine (GCU) and the Government of Ukraine signed on April 16, 2026 a Memorandum of Understanding (MoU) on the suspension of debt service due by Ukraine until the end of February 2030, corresponding to the duration of the International Monetary Fund (IMF) programme approved by its Executive … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) hosted a virtual meeting of provincial and territorial Finance Ministers. Discussions touched on the ongoing conflict in the Middle East and shared concerns about its potential implications for energy markets, supply chains, and Canada’s economy. Champagne also highlighted the growing risks posed by money laundering in Canada, … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) welcomed a strategic commitment by the Canada Growth Fund to invest approximately US$82 million (C$113 million) in Nouveau Monde Graphite (“NMG”), a Québec-based graphite miner and refiner. This commitment is part of a US$297 million (C$411M) financing package alongside Eni S.p.A., Investissement Québec and public … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) concluded a visit to 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.He was joined by Bank of Canada Governor Tiff … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) announced the interim appointment of Simon Kamel as Master of the Mint for an eight-month term. A selection process is currently underway, and a permanent Master of the Mint will be announced when it concludes. The full release is available online. Contact John.Fragos@fin.gc.ca.
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) announced a two-year extension of alcohol excise duty relief, to protect brewers, distillers, and winemakers during a period of global uncertainty. Effective April 1, 2026, the government’s combined measures are offsetting rising costs for an additional two years in two ways: First, the government is … Read more
Secretary of State for Canada Revenue Agency and Financial Institutions Wayne Long (Saint John—Kennebecasis, N.B.) announced federal defence investments in two New Brunswick. The two projects receiving support today under the RDII are: The University of New Brunswick in Fredericton is receiving $813,739 to develop a Maritime 3D Digital Twin platform that will enhance port capacity, trade flow efficiency, security, … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) launched consultations on Canada’s first-ever whole-of-government National Anti-Fraud Strategy. The consultations seek feedback on three initial measures for the Strategy: supporting law enforcement’s ability to combat fraud; strengthening public awareness; and establishing a comprehensive Multi-Sector Anti-Fraud Framework. Comments can be submitted by April 28. The full release is available online. Contact john.fragos@fin.gc.ca. Minister … Read more
