Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the International Monetary Fund (IMF)’s Staff Report for the 2022 Article IV Consultation, which concludes its annual Article IV mission to Canada.
Today, Canada, G7 partners and Australia are moving forward with a plan to weaken Putin’s ability to fund his illegal war against Ukraine by imposing a maximum price cap on seaborne Russian-origin crude oil.
The federal government has taken important steps to position Canada at the forefront of the fight against climate change and to seize the economic opportunities provided by the global transition to net-zero. Helping Canadian companies adopt clean technologies will create jobs, ensure Canadian businesses remain globally competitive, and reduce Canada’s emissions.
Today, the Government of Canada successfully completed the issuance of a five-year $500 million Ukraine Sovereignty Bond, first announced last month by the Prime Minister. The funds will assist the Government of Ukraine so it can continue to provide essential services to Ukrainians this winter, such as pensions, the purchasing of fuel, and restoring energy infrastructure.
To offer Canadians an opportunity to directly support the brave people of Ukraine, the Government of Canada is today launching the $500 million Ukraine Sovereignty Bond, first announced last month by the Prime Minister. The funds will assist the Government of Ukraine so it can continue to provide essential services to Ukrainians this winter, such as pensions, the purchasing of fuel, and restoring energy infrastructure.
Today, Bill C-31, the Cost of Living Relief Act, No. 2 (Targeted Support for Households), received Royal Assent. This legislation delivers two targeted affordability measures for the Canadians who need it most: the Canada Dental Benefit and a one-time top-up to the Canada Housing Benefit.
The Government of Canada is committed to appointing highly qualified candidates who are able to best serve the interests of Canadians, through open, transparent and merit-based selection processes for all Governor-in-Council appointments.
Throughout the past week, the Honourable Randy Boissonnault, the Minister of Tourism and Associate Minister of Finance, highlighted the government’s efforts to build an economy that works for everyone in communities across Canada, specifically underlining support for students, workers and the tourism industry. Minister Boissonnault met with Canadians and key stakeholders in several cities, including business leaders and students in Winnipeg, union members and students in Windsor, announced additional investments in clean technology innovation in Edmonton, and ended with meetings in Québec City today. Minister Boissonnault was joined by the Honourable Jean-Yves Duclos, the Minister of Health, and Joël Lightbound, the Member of Parliament for Louis-Hébert.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, introduced Bill C-32, the Fall Economic Statement Implementation Act.
This legislation includes key measures from the 2022 Fall Economic Statement to help families cope with increasing costs, like rising prices at the checkout counter; to make housing more affordable; and to strengthen and build a thriving net-zero economy with opportunities and jobs.
Today, in tandem with the 2022 Fall Economic Statement, the Government of Canada is launching a series of consultations on measures to reduce costs for small businesses, ensure the stability of our economy in a digital world, and improve the fairness of our tax system.