The Government of Canada launched its fifth issuance of Canadian-dollar-denominated green bonds this week, subject to market conditions. For this issuance, the government plans to issue a new 30-year green bond accompanied by a re-opening of the seven-year bond that was issued in February 2025, which saw robust demand and a final order book of over $3.1 … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) announced the appointment of Gillian Denham to the Board of Directors of the Canada Pension Plan Investment Board and the reappointment of Barry Perry to the Board. Both appointments are set for a term of three years, effective Sept. 25. The full release is available online. … Read more
G7 Finance Ministers’ issued a statement: “We, the G7 Finance Ministers, met virtually on October 1, 2025, and agreed to take joint steps to increase pressure on Russia to end its continued brutal war against Ukraine and to support Ukraine in its ongoing efforts to defend itself. Russia’s continued escalatory actions, including the violations of … Read more
Minister of Jobs and Families, and Minister responsible for the Federal Economic Development Agency for Northern Ontario Patty Hajdu (Thunder Bay-Superior North, Ont.) and Parliamentary Assistant to the Minister of Northern Economic Development and Growth for Ontario Will Bouma announced that the federal and provincial governments have entered into binding term sheet with Algoma Steel Inc. … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) hosted a virtual meeting with his provincial and territorial counterparts on Sept. 25 to coordinate on key economic priorities ahead of Budget 2025. Discussion focused on supporting growth, competitiveness, and building a more resilient Canadian economy. Champagne provided an update on the trade negotiations with the … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) concluded his trip to Copenhagen, Denmark, where he participated in the meeting of European Union (EU) Economy and Finance Ministers (ECOFIN). On the margins of the meeting, Champagne held key bilateral discussions, including with his counterparts from the European Union, France, the United Kingdom, the Netherlands, … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) chaired a meeting of G7 Finance Ministers on Sept. 12 to discuss further measures to increase pressure on Russia to end its war against Ukraine. G7 Ministers agreed to accelerate discussions to further use immobilized Russian sovereign assets to fund Ukraine’s defence, and to explore other … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.), accompanied by Minister of Energy and Natural Resources Tim Hodgson (Markham-Thornhill, Ont.), Environment and Climate Change Minister Julie Dabrusin (Toronto–Danforth, Ont.) and Parliamentary Secretary to the Minister of Finance and National Revenue and Secretary of State (Canada Revenue Agency and Financial Institutions) Ryan Turnbull (Whitby, Ont.), … Read more
Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.) announced the appointment of Gina Byrne as acting President and Chief Executive Officer of the Canada Deposit Insurance Corporation (CDIC), effective October 1, and Martin Glynn as Chairperson of the Board of Directors, for a five-year term. The full release is available online. Contact john.fragos@fin.gc.ca.
Over the last six weeks, Minister of Finance and National Revenue François-Philippe Champagne (Saint-Maurice–Champlain, Que.), Secretary of State for Canada Revenue Agency and Financial Institutions Wayne Long (Saint John—Kennebecasis, N.B.), and Parliamentary Secretaries Ryan Turnbull (Whitby, Ont.) and Rachel Bendayan (Outremont, Que.) hosted nearly 50 roundtables and 60 bilateral meetings with workers, business leaders, Indigenous … Read more
