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Canada extends support to Ukraine by waiving tariffs on goods

| Department of Finance Canada | news releases

Canada remains steadfast in its support for Ukraine as it fights to defend its sovereignty, territorial integrity, and democracy. The conflict initiated by Russia, with support from Belarus, continues to severely impact Ukraine’s economy, including its ability to export goods globally.


Minister Champagne to launch the Conference of Montreal

| Department of Finance Canada | media advisories

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in the Opening Fireside Chat of the 31st Edition of the Conference of Montreal.


Removing the consumer carbon price from Canadian law

| Department of Finance Canada | backgrounders

The Government of Canada is proposing legislative amendments that would permanently repeal the fuel charge framework under Part 1 of the Greenhouse Gas Pollution Pricing Act (GGPPA) in the following four phases to ensure an orderly process for charge payers.


Delivering a middle-class tax cut

| Department of Finance Canada | backgrounders

The government is moving forward with the proposal to deliver tax relief for Canadians by reducing the lowest marginal personal income tax rate from 15 per cent to 14 per cent, effective July 1, 2025.


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2025-12-23