Legislation focused on a strong middle class, affordable economy, and healthy future receives Royal Assent
| Department of Finance Canada | news releases
Today, Bill C-47, the Budget Implementation Act, 2023, received Royal Assent.
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Government of Canada announces appointments
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of Tashia Batstone and Helen R. del Val, each for a four-year term, and the reappointment of J. Martin Castonguay for a three-year term, to the Board of Directors of the Canada Deposit Insurance Corporation (CDIC). The Deputy Prime Minister also announced the reappointment of Anne Whelan and Greg Stewart to the Board of the Bank of Canada, and the reappointment of Jennifer Reynolds and Robert Wener to the Board of Canada Development Investment Corporation (CDEV), all for three-year terms.
Deputy Prime Minister welcomes International Monetary Fund findings on Canadian economy
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the International Monetary Fund (IMF)’s Staff Concluding Statement of the 2023 Article IV Mission, which highlighted Canada’s resilient economy, stable fiscal outlook, clean economy plan, and actions to improve housing affordability.
Canada extends waiving of tariffs on Ukrainian goods
| Department of Finance Canada | news releases
The Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, today announced that Canada will extend the Ukraine Goods Remission Order until June 9, 2024. This will ensure the continued tariff-free import of Ukrainian goods to Canada, including steel and in-quota supply-managed goods.
Government consults Canadians to advance key Budget 2023 priorities
| Department of Finance Canada | news releases
The Government of Canada is today launching a series of consultations with Canadians on Budget 2023 measures to grow the clean economy; create new opportunities for workers; strengthen the government’s ability to fight money laundering and terrorist financing; modernize multinational business taxation to ensure tax fairness for Canadians and Canadian businesses; and consolidate Canada Mortgage Bonds into the Government of Canada’s regular borrowing program, in order to redirect savings to affordable housing programs.
Government announces appointment to the Bank of Canada’s Board of Directors
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of Carlos Leitão to the Board of Directors of the Bank of Canada for a term ending on February 28, 2025.
Government announces appointment to the Canada Deposit Insurance Corporation Board of Directors
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of Jeffrey Heath to the Board of Directors of the Canada Deposit Insurance Corporation (CDIC) for a four-year term.
Government announces lower credit card transaction fees for small businesses
| Department of Finance Canada | news releases
The Government of Canada today announced it is delivering on the Budget 2023 commitment to lower credit card transaction fees for small businesses by finalizing new agreements with Visa and Mastercard, while also protecting reward points for Canadian consumers offered by Canada’s large banks.
Legislation to provide new Grocery Rebate and strengthen public health care receives Royal Assent
| Department of Finance Canada | news releases
Today, Bill C-46, the Cost of Living Act, No. 3, received Royal Assent. This legislation delivers new inflation relief to the Canadians who need it most through the new Grocery Rebate, and strengthens public health care with a $2 billion Canada Health Transfer (CHT) top-up to help reduce backlogs and wait times, and support pediatric hospitals and emergency rooms.
Deputy Prime Minister to attend meeting of G7 Finance Ministers and Central Bank Governors in Japan
| Department of Finance Canada | news releases
Next week, from May 11 to 13, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, will attend the meeting of the G7 Finance Ministers and Central Bank Governors in Niigata, Japan.