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Shaping Canada’s Future: Government concludes Budget 2025 consultations

| Department of Finance Canada | news releases

Today, the Government of Canada concluded its nationwide consultations ahead of Budget 2025, which will set out the federal government’s plan to support Canadians and Canadian businesses during this time of heightened global challenges while building the strongest economy in the G7.


Government releases draft legislation for previously announced tax measures

| Department of Finance Canada | news releases

Today, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, released for consultation draft legislative proposals that would implement a range of previously announced and other tax measures, including measures that would:


Canada intends to lower price cap for Russian oil

| Department of Finance Canada | news releases

Canada maintains its staunch opposition to Russia’s unjust and unprovoked war against Ukraine and unwaveringly supports the Ukrainian people’s right to defend their freedom, sovereignty, and independence.


Minister Champagne concludes successful G7 and G20 meetings in South Africa

| Department of Finance Canada | news releases

With global political and economic uncertainty abounding, strong relationships and cross-continental collaboration with reliable nations has never been more important. Canada is spearheading a new era of collaboration and partnership with nations it can trust and whose priorities it shares.


Support for the Canadian Steel Sector

| Department of Finance Canada | backgrounders

This move comes in response to both U.S. tariffs on steel and global steel overproduction, which are pushing foreign exporters to find new places to sell their steel—including Canada. Strengthening these import limits will help prevent the Canadian market from being overwhelmed with cheap steel, while still making sure Canadian businesses that rely on steel can continue to get the supply they need.


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2025-12-23