The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today co-chaired the last meeting of G7 Finance Ministers and Central Bank Governors under Canada’s G7 Presidency, alongside Tiff Macklem, Governor of the Bank of Canada.
Tariffs coupled with low global diamond prices, inflationary pressures, and sustained supply chain bottlenecks are proving a challenge to navigate. That’s why the government is responding with a loan to support the Ekati Diamond Mine in the Northwest Territories.
The Government of Canada is committed to mobilizing public and private capital to promote investment in sustainability, as part of the transition to net-zero. Budget 2025 reconfirmed the government’s support for the arm’s-length development of made-in-Canada sustainable investment guidelines, also known as a taxonomy, and committed to the selection of an external organization to lead it by the end of the year.
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today concluded a successful European visit to France, the United Kingdom, and Germany during which he reinforced Canada’s commitment to shared economic prosperity, resilient supply chains, and stronger transatlantic collaboration.
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will hold a media callback following his travel to Europe to advance partnerships, economic development and collaboration opportunities on both sides of the Atlantic.
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will travel to Europe from December 15 to 18 to meet with European government counterparts, officials, business leaders, and strategic partners to reinforce Canada’s commitment to shared economic prosperity, resilient supply chains, and strengthened collaboration on both sides of the Atlantic.
Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced the implementation of new measures announced by the Prime Minister on November 26, designed to provide immediate relief and long-term clarity for Canadian manufacturers.
Effective December 26, 2025, the Government of Canada is imposing 25 per cent tariffs on the full value of the steel derivative products listed below from all countries. Descriptions are included for illustrative purposes, with the scope established by the tariff item in column 1.
Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, hosted a provincial and territorial Finance ministers' meeting in Ottawa. Participants discussed the shared national priority of strengthening Canada's economy and enhancing our global competitiveness in an increasingly divided world, setting a clear course to become the strongest economy in the G7.
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will host a meeting with provincial and territorial Finance Ministers on December 11th. Finance Ministers will meet to discuss Canada’s trade relations, and how to strengthen our economy amid the current global uncertainty.