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Budget 2024: Fairness for Every Generation

| Department of Finance Canada | news releases

Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, released Budget 2024: Fairness for Every Generation.


Government to increase tax credits for volunteer firefighters and search and rescue volunteers

| Department of Finance Canada | news releases

Volunteer firefighters and search and rescue volunteers play a critical role in protecting Canadians. Every year thousands of Canadians volunteer their time, and sacrifice their own safety, to keep their neighbours safe. Whether responding to flooding in Nova Scotia or wildfires in British Columbia, these volunteers continue to go above and beyond to help with firefighting and search and rescue.


Government announces new Youth Mental Health Fund

| Department of Finance Canada | news releases

Today, the government announced Canada’s new Youth Mental Health Fund, which will help younger Canadians access the mental health care they need, by reducing wait times and providing more care options. This will help build a happier, healthier future for every generation.


Government highlights next step to universal access to free contraceptives

| Department of Finance Canada | news releases

With the tabling of the Pharmacare Act last month, the federal government is in the first phase of delivering a national pharmacare plan. This legislation paves the way to build a Canada that is not only equitable but more affordable for all.


Government extending support for mineral exploration in Canada

| Department of Finance Canada | news releases

Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the federal government will extend the 15-per-cent Mineral Exploration Tax Credit for investors in flow-through shares for an additional year, until March 31, 2025.


Deputy Prime Minister welcomes the Canada Growth Fund’s third investment

| Department of Finance Canada | news releases

Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the third investment by the Canada Growth Fund—a $50 million investment in Montréal-based Idealist Capital. This will help innovative clean tech businesses across Canada to scale-up their ideas into solutions that will create good jobs, grow the economy, and accelerate Canada and the world’s progress towards net-zero.


Supporting Canadian businesses with alcohol excise duty relief

| Department of Finance Canada | news releases

Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Rechie Valdez, Minister of Small Business, announced that the federal government is delivering thousands of dollars in alcohol excise duty relief to Canadian businesses, particularly local craft breweries.


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