Department of Finance Canada

The Department of Finance Canada is responsible for the overall stewardship of the Canadian economy. This includes preparing the annual federal budget, as well as advising the Government on economic and fiscal matters, tax and tariff policy, social measures, security issues, financial stability and Canada’s international commitments.

We lead the Finance portfolio for the Government of Canada and work in close collaboration with our partners.

Latest

Canada’s COVID-19 Economic Response Plan

To learn more about Canada’s actions to help Canadians and businesses facing hardship as a result of the COVID-19 outbreak

Annual Financial Report of the Government of Canada
Fiscal Year 2018–2019

Reviews the government's spending and revenue performance over the previous fiscal year and discusses the factors affecting these results.

Services and information

Federal budget

Read the Government of Canada’s plan for how it collects and spends money each year.

Federal transfers to provinces and territories

The Government provides financial support through the Canada Health Transfer (CHT), the Canada Social Transfer (CST), Equalization, and Territorial Formula Financing (TFF).

Tax policy

The department develops and evaluates federal tax policies and legislation in the areas of personal income tax, business income tax, and sales and excise tax.

Financial sector policy

The department develops policies and frameworks about the financial sector, federal financial institutions and systems, federal borrowing and investments, and capital markets. 

International trade and finance policy

The department develops international trade, finance, and development policies in cooperation with its international partners.

What we are doing

Corporate information

Minister

The Honourable Chrystia Freeland

Deputy Prime Minister and Minister of Finance

Minister

The Honourable Mona Fortier

Minister of Middle Class Prosperity and Associate Minister of Finance

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