Yesterday, Chris Forbes, Deputy Minister of Finance, hosted the third briefing with Canadian industry and labour stakeholders, and provincial and territorial representatives on Canada-U.S. economic issues. Arun Alexander, Canada’s Deputy Ambassador to the United States of America, and Shannon Grainger, Assistant Deputy Minister, Portfolio Affairs and Communications, Public Safety Canada, also joined the call.
Yesterday, Chris Forbes, Deputy Minister of Finance, hosted a second briefing with Canadian industry and labour stakeholders, and provincial and territorial representatives on Canada-U.S. economic issues. Canada’s Deputy Ambassador to the United States of America, Arun Alexander, also joined the call.
Today, the Department of Finance released draft legislation (and related explanatory notes) to amend the Income Tax Act to extend the deadline for making donations eligible for tax support in the 2024 tax year to February 28, 2025.
Today, Chris Forbes, Deputy Minister of the Department of Finance Canada, hosted a briefing with Canadian industry and labour stakeholders and provincial and territorial representatives on Canada-U.S. economic issues. Canada’s Deputy Ambassador to the United States of America also joined the call.
Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, along with the Honourable Élisabeth Brière, Minister of National Revenue, announced that the federal government intends to amend the Income Tax Act to extend the deadline for making donations eligible for tax support in the 2024 tax year, until February 28, 2025.
Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, announced that the federal government will deliver $103.8 billion in major federal transfers to provinces and territories in 2025-26, in addition to other significant financial support. This represents an increase of 4.4 per cent in major transfers compared to 2024-25.
The government is taking action to make life cost less and put more money back in your pocket. Our economic plan is reducing everyday costs, cracking down on hidden fees, strengthening competition—especially in the grocery sector, making banking easier and more affordable and helping all communities.
Canadians rightfully expect and deserve to feel safe in their communities. However, with a rise in gun violence, restrictive anti-choice groups, and targeted hate crimes, the fabric that ties our communities together is being threatened. As our country grows, we must take action to build a future where communities welcome diversity as our strength, where women’s rights are protected, and where every Canadian feels safe in the place they call home. The 2024 Fall Economic Statement is taking action to make our communities safer, vibrant, and more inclusive.
The government is investing to build homes at a record-breaking pace, helping Canadians find an affordable place to call home, and making the boldest mortgage reforms in decades to lower costs. The government is also working with provinces and territories to protect renters.
