| Department of Finance Canada | statements
The global economy is rapidly changing, and many Canadians are feeling the effects at home. That is why our government is hard at work to build the strongest economy in the G7 amid the current global geopolitical uncertainty.
| Department of Finance Canada | statements
The representatives of the Group of Creditors of Ukraine (GCU) and the Government of Ukraine signed on April 16, 2026 a Memorandum of Understanding (MoU) on the suspension of debt service due by Ukraine until the end of February 2030, corresponding to the duration of the International Monetary Fund (IMF) programme approved by its Executive Board on February 26, 2026.
| Department of Finance Canada | statements
Statement by the Minister of Finance on Canada’s progress combatting money laundering
| Department of Finance Canada | statements
Canada’s new government is building the strongest economy in the G7 amid the current global geopolitical uncertainty. This includes ensuring that Canadian industries are not jeopardized by harmful trade diversion resulting from a rapidly changing trade environment.
| Department of Finance Canada | statements
We, the G7 Finance Ministers, held a virtual meeting on December 8, together with the Heads of the International Monetary Fund (IMF), World Bank Group (WBG), Organisation for Economic Co-operation and Development (OECD), and Financial Stability Board (FSB). We were also joined by Canada’s Minister of Energy and Natural Resources and Finance Ministers and their representatives, from Australia, Chile, India, Mexico, and the Republic of Korea for parts of the meeting.
| Department of Finance Canada | statements
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.
| Department of Finance Canada | statements
“Today marks a significant step forward for the future of payments in Canada.
| Department of Finance Canada | statements
We, the G20 Finance Ministers and Central Bank Governors (FMCBG), met on 17 and 18 July 2025, in Durban, South Africa.
| Department of Finance Canada | statements
Earlier this year the U.S. Secretary of the Treasury outlined the United States’ concerns regarding the Pillar 2 rules agreed by the OECD/G20 Inclusive Framework on BEPS and set out a proposed ‘side-by-side’ solution under which U.S. parented groups would be exempt from the Income Inclusion Rule (IIR) and Undertaxed Profits Rule (UTPR) in recognition of the existing U.S. minimum tax rules to which they are subject.
| Department of Finance Canada | statements
We began by reiterating our shared commitment to the G7. After 50 years of working together, transcending national differences and promoting global prosperity, the value of the G7 is clear.
