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Government of Canada commits financial support to Conifex Timber Inc.

| Department of Finance Canada | news releases

In the face of ongoing trade disputes, including those around softwood lumber, the Government of Canada is taking decisive action to support the forest sector. We are committed to protecting workers and jobs, and giving Canadian companies the stability they need to weather short-term shocks and retool for a stronger, more diversified future.


Government of Canada Concludes Pre-Budget Consultations for Budget 2026

| Department of Finance Canada | news releases

Yesterday, the Government of Canada concluded its pre-budget consultations for Budget 2026. In the face of ongoing affordability pressures and recent U.S. tariff actions, Budget 2026 will outline the government's next steps to support Canadian workers and businesses, create the conditions for businesses to grow and invest, strengthen Canada’s competitiveness, and build a more resilient and prosperous economy.


The Government of Canada extends the federal fuel excise tax relief on gasoline, diesel, and aviation fuels for Canadians

| Department of Finance Canada | news releases

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced that the government is extending the temporary suspension of the federal fuel excise tax until January 31, 2027, and applying 50% of the regular excise tax rate from February 1 through March 31, 2027. This will bring down everyday costs for Canadians, including truckers and businesses in the food, agriculture, housing, construction, and delivery sectors.


Minister Champagne advances Canada's economic interests at G20 meeting in North Carolina

| Department of Finance Canada | news releases

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today concluded a series of high-level meetings in Asheville, North Carolina, where he and Tiff Macklem, Governor of the Bank of Canada, represented Canada at the G20 Finance Ministers and Central Bank Governors meeting.


The Government of Canada highlights targeted countermeasures and substantive support for workers and businesses in response to U.S. tariffs in Sarnia

| Department of Finance Canada | news releases

The Government of Canada has negotiated intensively and in good faith with the United States (U.S.) toward a fair and comprehensive trade agreement that would protect Canadian workers and their families, strengthen the economy, provide greater certainty for businesses, and respect Canada’s sovereignty.


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2025-12-23