| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced next steps in light of the revised cost estimate and completion timeline published by Trans Mountain Corporation (TMC) for the Trans Mountain Expansion Project (the project).
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the Government of Canada intends to introduce legislation to invest up to $750 million to support municipalities facing transit operating shortfalls, in collaboration with provinces and territories. This one-time payment would help cities maintain service levels despite decreased ridership as a result of the pandemic.
| Department of Finance Canada | news releases
On February 14, 2022, the Government of Canada declared a public order emergency.
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that Canada will offer a loan of up to $500 million to the Government of Ukraine through the Bretton Woods and Related Agreements Act (BWRAA), to support the country’s economic resilience in the face of Russian military aggression. This is in addition to Canada's offer for a loan up to $120 million, announced on January 21, 2022.
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Carla Qualtrough, Minister of Employment, Workforce Development and Disability Inclusion, announced the federal government’s intention to extend enhanced key support programs to ensure Canadians are protected and workers and businesses continue to get help through ongoing public health restrictions.
| Department of Finance Canada | news releases
The Department of Finance Canada today released for public comment a set of draft legislative proposals to implement previously announced and other tax measures.
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Randy Boissonnault, Minister of Tourism and Associate Minister of Finance, launched pre-budget consultations.
| Department of Finance Canada | news releases
The Canada Emergency Business Account (CEBA) program has provided interest-free, partially forgivable loans to nearly 900,000 small businesses and not-for-profit organizations to help them navigate the pandemic and remain resilient.
| Department of Finance Canada | news releases
Today, the Department of Finance Canada announced the automobile income tax deduction limits and expense benefit rates that will apply in 2022.
| Department of Finance Canada | news releases
The Government of Canada is committed to supporting Canadian workers and businesses through the COVID-19 pandemic. Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the federal government’s intention to temporarily expand eligibility for key support programs to ensure Canadians are protected and workers and businesses get the help they need to sustain them through new and necessary public health restrictions.
