This week, from April 28 to 29, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, will attend a meeting of European Union Economy and Finance Ministers and Central Bank Governors in Stockholm, Sweden.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the reappointment of Phyllis Clark as Chairperson of the Board of Directors of the Royal Canadian Mint for another five-year term, and appointed Evan Price to the Board of Directors of the Royal Canadian Mint for a four-year term.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of Leah Anderson as the President and Chief Executive Officer of the Canada Deposit Insurance Corporation (CDIC) for a five-year term. Ms. Anderson has served as interim President and CEO of CDIC since August 2021.
On April 19, 2023, the Government of Canada issued a five-year US$4 billion global bond. Issuing a global bond provides funds to supplement and diversify funding sources for Canada’s liquid foreign reserves.
Today, the Government of Canada introduced Bill C-47, the Budget Implementation Act. This central piece of legislation proposes to implement many of the government’s key commitments in Budget 2023.
To this end, the Government of Canada today announced its intent to issue a US-dollar-denominated global bond tomorrow, April 19, subject to market conditions.
Canada has made a remarkable recovery from the COVID recession. Canada’s economic growth was the strongest in the G7 over the last year, and today, 865,000 more Canadians are employed than before the pandemic, including 136,900 in Quebec. Inflation in Canada has fallen for eight months in a row, our unemployment rate is near its record low, and, supported by our Canada-wide system of affordable early learning and child care, the labour force participation rate for women aged 25 to 54 reached a record high of 85.7 per cent in February.
Today, the Honourable Randy Boissonnault, Minister of Tourism and Associate Minister of Finance, met with community and business leaders in Saint John to discuss Budget 2023 and to highlight the government’s plan to build Canada’s clean economy—one that is good for workers, good for business, good for the environment, and which makes life more affordable for all Canadians from coast to coast to coast.
Canadians are proud of our universal publicly funded health care system. No matter how much money people make, where they were born or what their parents do, they can receive the care they need. However, our public health care system is not delivering the high-quality care that Canadians deserve. For example, surgeries have been postponed or cancelled. Our public health care system, and the workers who uphold it, are under enormous strain. This situation was made worse by the pandemic and requires immediate action.
This week, from April 12 to 14, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, will visit Washington, D.C., to attend the Spring Meetings of the International Monetary Fund (IMF) and the World Bank.