Today, Canada, our G7 partners, and Australia are moving forward with two price caps for seaborne Russian-origin petroleum products, which build on the Russian crude oil price cap announced on December 2, 2022.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of David Dominy, Ernie Daniels, and Shelley Williams as Directors on the Board of the Bank of Canada.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of Sean Strickland to the Canada Development Investment Corporation (CDEV) Board of Directors, and the reappointment of Stephen Swaffield as Board Chair, both for a four-year term.
Today, Bill C-32, the Fall Economic Statement Implementation Act, 2022, received Royal Assent. With the passage of this legislation, the government is delivering on key measures from the 2022 Fall Economic Statement to help families cope with increasing costs, make housing more affordable, and strengthen and build a thriving net-zero economy with opportunities and good jobs for Canadians.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the Government of Canada will provide a record $94.6 billion in major transfer funding to provinces and territories in 2023-24.
With the Canadian economy facing global headwinds and Canadians contending with the impacts of global inflation and elevated interest rates, the suggestions received from Canadians will inform measures and investments in Budget 2023 that will help build an economy that works for everyone.
The Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, announced today at the Standing With the Ukrainian People conference in Paris, France, that Canada will transfer $115 million in tariff revenues collected on imports from Russia and Belarus to repair Kyiv’s power grid following repeated Russian attacks against Ukraine’s energy infrastructure.
The Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, will represent Canada at the Standing With the Ukrainian People conference in Paris, France, on December 13.