International Affairs
The Department of Finance plays a lead role in managing Canada's participation in key international trade, financial and economic organizations, such as the World Bank Group the International Monetary Fund, the Organisation for Economic Co-operation and Development, the World Trade Organization, the Financial Action Task Force and the Financial Stability Board. The Department also represents Canada at the G7 and the G20 Finance Tracks – alongside the Bank of Canada - and participates in the Finance Ministers' Process of the Asia-Pacific Economic Cooperation (APEC) forum. Canada held the G7 Presidency in 2025 and in May 2025 hosted G7 Finance Ministers and Central Bank Governors in Banff. In addition, the Department plays an important role in negotiating and implementing Canada's trade agreements with other nations and monitoring how these arrangements advance Canadian interests.
Trade policies and agreements
Information on Canada's trade policies and tariff measures that support fair and open international trade.
Canada's tariff responses to the changing global trade landscape
Outlining actions on tariffs and remission options for Canadian businesses
Canada's unilateral tariff preference programs for imports from developing countries
Reduced or duty-free tariffs on imports from eligible developing countries to promote their economic development.
Debt relief and financial assistance
Programs and initiatives through which Canada supports global financial stability, including lending, debt relief, and international assistance.
Lending to National Governments
Canada's commitment to debt transparency and its lending practices to other national governments.
Canada's Contributions to Bilateral and Multilateral Debt Relief Initiatives
Canada's efforts to alleviate the debt burdens of the world's poorest and most indebted countries.
Report to Parliament on the Government of Canada's international assistance
Overview of Canada's federal international assistance results achieved through the collective efforts of 21 departments and agencies.
International Aid Transparency Initiative
Information about international aid spending.
Policy statements and joint declarations
Official statements and international collaborations that outline Canada's positions on global financial and trade issues.
Policy statement on ensuring reciprocal treatment for Canadian businesses abroad
Canada's commitment to ensuring that Canadian businesses receive fair and reciprocal treatment in international markets.
Temporary suspension of the technical negotiations in the International Working Group on Export Credits
Statement by IWG vice-ministers suspending technical negotiations on export credits due to lack of consensus on core issues like transparency and debt sustainability.
Canada-Mexico-United States Financial Regulatory Forum
A collaborative platform to enhance dialogue on financial sector developments and regulatory practices.
Foreign trade zones and tax agreements
Measures that facilitate international business through tax treaties and programs that reduce costs on imports, exports, and investments.
Foreign Trade Zone
Designated areas where imports can be stored, processed, or assembled with tax and tariff exemptions or deferrals.
Tax Treaties
Canada's network of tax treaties with other countries, aimed at avoiding double taxation and preventing tax evasion.
Related news
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