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Remarks by the Deputy Prime Minister announcing $240 million for Cohere to scale-up AI compute capacity

| Department of Finance Canada | speeches

Before I begin, I would like to say a few words about the Canadian economy. In October, inflation was at two per cent. That means that for 10 months now, inflation has been within the Bank of Canada’s target range. That’s good news for Canadians. Because of that, interest rates are coming down. Canada was the first G7 country to cut interest rates four times, and that’s also good news for Canadians and Canadian business owners.


Legislation to put more money in your pocket receives Royal Assent

| Department of Finance Canada | news releases

Specifically, this legislation removes the GST/HST on holiday essentials, like groceries, restaurant meals, drinks, snacks, children’s clothing, and gifts, from December 14, 2024, until February 15, 2025.


Minister Blair congratulates successful Canadian innovators joining the 2025 NATO DIANA cohort

| National Defence | news releases

The North Atlantic Treaty Organization’s (NATO) Defence Innovation Accelerator for the North Atlantic (DIANA) has announced the successful innovators in 2024’s competitive challenges. These firms – seven of whom are Canadian – will be joining NATO DIANA’s 2025 cohort of innovators. Challenges focused on several innovation areas in security and defence, including data and information security, critical infrastructure and logistics, and human health and performance.


Supporting high-performing building codes in Prince Edward Island

| Natural Resources Canada | news releases

The Honourable Jonathan Wilkinson announced $2.4 million in funding through the Codes Acceleration Fund for the Government of Prince Edward Island to adopt higher performance tiers of the 2020 national model energy codes of Canada. This funding will provide building officials and building industry professionals with the tools and training required to ensure compliance with provincial building codes as the province adopts increasingly energy-efficient performance tiers.


Government of Canada provides disaster recovery funding to Nova Scotia for wildfires, flooding and storm Dorian

| Public Safety Canada | news releases

In 2023, Nova Scotia experienced one of its worst wildfire seasons, leading to extensive damage to residences, small businesses, farms, municipalities, and provincial sites, and the evacuation of more than 16,000 people. Just over a month later, the province experienced extreme rainfall that led to the worst flooding the province has experienced in 50 years. This follows the significant damage to public and private infrastructure and prolonged power outages caused by storm Dorian across the province in 2019.


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2017-05-26