| Department of Finance Canada | news releases
Today in Edmonton, the Honourable Randy Boissonnault, Minister of Tourism and Associate Minister of Finance, met with workers at Lehigh Cement, to highlight Budget 2023’s investments toward creating good middle class jobs and in particular the new clean investment tax credits.
| Department of Finance Canada | news releases
Currently, the world’s major economies are moving at an unprecedented pace to fight climate change, retool their economies, and build the net-zero industries of tomorrow. Budget 2023 investments in abundant and low-cost clean electricity will underpin other investments needed to create hundreds of thousands of middle class jobs, provide the energy that will power our daily lives and the entire Canadian economy, and provide more affordable energy to millions upon millions of Canadian homes.
| Department of Finance Canada | news releases
To make life more affordable, Budget 2023 delivers the new Grocery Rebate, offering targeted inflation relief for 11 million Canadians and families who need it most with up to an additional $467 for eligible couples with children; an additional $234 for single Canadians without children; and an additional $225 for seniors, on average. The government is also taking action to crack down on junk fees and predatory lending, lower credit card transaction fees for small businesses, and help Canadians keep more money in their pockets.
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, released Budget 2023—A Made-in-Canada Plan: Strong Middle Class, Affordable Economy, Healthy Future.
| Department of Finance Canada | news releases
The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that Canada is banning the import of Russian aluminum and steel products.
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the Organisation for Economic Co-operation and Development (OECD)’s 2023 Economic Survey of Canada.
| Department of Finance Canada | news releases
This week, from February 23 to 25, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, will attend meetings of the G7 and G20 Finance Ministers and Central Bank Governors in Bengaluru, India.
| Department of Finance Canada | news releases
In creating the CIC, the government is following through on its Budget 2022 commitment to establish an innovation agency to drive Canadian business investment in research and development (R&D) and foster economic growth. The CIC will operate with an initial budget of $2.6 billion over four years, and is expected to begin its operations in 2023.
| Department of Finance Canada | news releases
Today, the Department of Finance Canada released its annual estimates of the fiscal cost of federal tax measures in the 2023 Report on Federal Tax Expenditures—Concepts, Estimates and Evaluations.
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of Dwight Ball to the Canada Development Investment Corporation (CDEV) Board of Directors for a four-year term.
