On March 26, Bill C-15, the Budget Implementation Act, 2025, No. 1, received Royal Assent. Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) said, “By passing the Budget Implementation Act, we are delivering on our commitment to invest in Canada’s future and build an economy that is strong and resilient to global shocks. These are bold investments … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) introduced Bill C-26, An Act to authorize certain payments to be made out of the Consolidated Revenue Fund for the purpose of improving housing supply. Subject to passage, this legislation proposes to provide immediately $1.7 billion to provinces and territories to implement measures to increase Canada’s … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.), Minister of National Defence David McGuinty (Ottawa South, Ont.) and Foreign Affairs Minister Anita Anand (Oakville East, Ont.) welcome Canada’s role as host of in-person negotiations among representatives from eighteen countries to establish the Defence, Security and Resilience Bank (DSRB). The DSRB will provide long-term, low-cost … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) announced the appointment of Bree Jamieson-Holloway as Chairperson of the Canadian International Trade Tribunal (CITT). Jamieson-Holloway will serve in this capacity until Dec. 4, 2027. 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.) issued a statement: “Today alone, there have been 23 revocations of money services businesses (MSBs) registrations, a requirement for these businesses to operate legally in Canada, as we continue to step up our focus on this issue. This represents a significantly increased pace of action, … 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 $20 million in Solugen, a clean-technology company in in St-Patrice-de-Beaurivage, Qué., that is working to advance organic agricultural practices with innovative, circular fertilizer. This commitment is part of a $50 million equity commitment alongside Idealist Capital … 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 Association of Vegetable Growers and Processors, the government has directed the Canadian International Trade Tribunal to conduct an inquiry on global imports of frozen and canned vegetables. The Tribunal will have 180 days … Read more
Bill C-4, the Making Life More Affordable for Canadians Act, received Royal Assent on March 12. This legislation brings key affordability measures into law, which will save Canadians hundreds of dollars each year. These measures include: a middle-class tax cut; the first-time home buyers’ rebate; and permanently removing the federal consumer fuel charge from legislation. The full … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) welcomed the second loan guarantee transaction under the Indigenous Loan Guarantee Program (ILGP). Through a federal loan guarantee via the ILGP, Aamjiwnaang First Nation and the Chippewas of Kettle and Stony Point First Nation (together, the “Nations”) will acquire a nearly 20 per cent equity interest … Read more
In Windsor, Ont., Secretary of State for Canada Revenue Agency and Financial Institutions Wayne Long (Saint John—Kennebecasis, N.B.) visited NextGen Mold Technologies to learn about its advanced machining technology that specializes in the manufacturing of plastic injection and compression molds. He also announced a recent investment by the government of up to $700,000, through the Regional Tariff Response Initiative, to … Read more
