Today, the Department of Finance launched consultations on the Budget 2024 commitment to establish an opt-in framework for interested Indigenous governments to impose their own Fuel, Alcohol, Cannabis, Tobacco, and Vaping (FACT) value-added sales taxes. Expanding opt-in tax jurisdiction would enable Indigenous governments to better exercise their tax jurisdiction with more flexibility.
The Canada Growth Fund and Strathcona Resources—Canada’s fifth-largest oil producer—have agreed to invest up to $2 billion combined to build carbon capture and sequestration infrastructure on Strathcona’s steam-assisted, gravity drainage oil sands facilities in Saskatchewan and Alberta.
Our government is committed to delivering fairness for every generation of Canadians. That’s why, last year, we launched the new Canadian Dental Care Plan. Because up until very recently in Canada, you’ve been able to tell how much money someone makes, or how much money their parents make, by their smile. That’s not right. It’s not fair. Our government is now changing that now.
Our government is delivering fairness for every generation. And our plan includes investing in Canada’s athletes—like the amazing athletes here with us today. They represent us, they wear the maple leaf, and we are so proud of them.
Auto manufacturing directly supports over 125,000 good-paying Canadian jobs, many of which are unionized. Canada’s electric vehicle (EV) supply chain potential is ranked first in the world—and the federal government is seizing the growth opportunities of EVs to ensure Canadian auto workers can succeed well into the future.
Remarks by the Deputy Prime Minister announcing a consultation to protect Canadian workers and electric vehicle supply chains from unfair Chinese trade practices
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the Canada Growth Fund’s fifth investment.
High-speed internet access is more essential than ever to keep Canadians connected. Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, highlighted that the Canada Infrastructure Bank (CIB) has invested more than $2 billion in eight internet service providers. This investment is supporting high-speed internet projects, connecting 430,000 more rural and remote Canadians households.
