Today, the Honourable Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions), highlighted the program’s $227,071 investment in the Nistawoyou Association Friendship Centre to help it deliver Indigenous-led sport and recreation projects that will support the community’s health and well-being. The announcement was made on behalf of the Honourable Adam van Koeverden, Secretary of State (Sport).
In the summer of 2024, Jasper National Park and the town of Jasper were hit with a devastating wildfire that burned approximately 32,700 hectares and destroyed 30 percent of structures in the town. A significant portion of the park’s infrastructure was also damaged or destroyed. Since then, in partnership with the Government of Alberta, the Municipality of Jasper and local stakeholders, the federal government has supported residents, helped restore services, and rebuilt infrastructure.
The Government of Canada is strengthening Canada’s financial sector and making it work better for Canadians, including by combatting fraud and increasing competition. Today, proposed regulatory measures to support this plan were included in the Canada Gazette, Part I.
This important legislation delivers targeted measures to support Canadians, build a strong economy and ensure that Canada is well positioned to navigate current global challenges and achieve long-term prosperity.
Over the past year, Canadians have navigated a rapidly changing and increasingly fragmented world. In response, Canada’s government continues to focus on what we can control: building a strong Canadian economy, delivering responsible fiscal management, and supporting Canadians who are under pressure from everyday expenses. And when it comes to bringing down costs for Canadians—a key area of focus for the federal government is lowering the cost of a new home.
The Government of Canada is taking action to protect Canadian industries and strengthen the economy in a rapidly changing global trade environment. As economic security, industrial policy, and global economic competition increasingly shape investment, trade, and financial decisions, the Government of Canada is building the strongest economy in the G7 by moving with speed and ambition to diversify our trade partners and build our strength here at home.
Today, the Government is taking further targeted action to support stability in Canada's airline sector during this period of elevated fuel prices. The Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the launch of the Liquidity for Airline Sector Resilience facility, a new loan program through the Canada Enterprise Emergency Funding Corporation (CEEFC). The facility will offer eligible Canadian airlines experiencing significant financial pressures resulting from elevated jet fuel costs up to $150 million in repayable liquidity support, on an as-needed basis.
In an increasingly divided and uncertain world, the Government of Canada is focused on what it can control—building a stronger, more independent, and more sustainable economy—and is committed to mobilizing public and private capital to support investment in the transition to net-zero.
