We, the G7 Finance Ministers, met virtually on October 1, 2025, and agreed to take joint steps to increase pressure on Russia to end its continued brutal war against Ukraine and to support Ukraine in its ongoing efforts to defend itself.
Today, the Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for the Federal Economic Development Agency for Northern Ontario and Terry Sheehan, Member of Parliament for Sault Ste. Marie—Algoma, on behalf of the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, alongside Will Bouma, Parliamentary Assistant to the Minister of Northern Economic Development and Growth for Ontario, and Bill Rosenberg, Member of Provincial Parliament for Algoma—Manitoulin, announced that the federal and provincial governments have entered into binding term sheet with Algoma Steel Inc. to provide financial support.
The Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for the Federal Economic Development Agency for Northern Ontario, on behalf of the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will make an important announcement to support Canada’s steel industry. This announcement stems from the Government of Canada’s comprehensive suite of measures to help protect, stabilize and pivot the Canadian manufacturing economy and steel sector amid global uncertainty.
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, hosted a virtual meeting with his provincial and territorial counterparts yesterday to coordinate on key economic priorities ahead of Budget 2025. Discussion focused on supporting growth, competitiveness, and building a more resilient Canadian economy.
As Canada and the European Union mark the 8th anniversary of the Comprehensive Economic and Trade Agreement (CETA), the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today concluded a consequential and productive trip to Copenhagen, Denmark, where he participated in the meeting of European Union (EU) Economy and Finance Ministers (ECOFIN).
UPDATED TIMING - The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will hold a media callback following his participation at the 2025 Informal Meeting of European Union Economy and Finance Ministers.
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in the Informal Meeting of European Union (EU) Economy and Finance Ministers (ECOFIN) in Copenhagen, Denmark, on September 19 and 20.
Today, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced that he will table Budget 2025 on November 4th.
Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, chaired a meeting of G7 Finance Ministers to discuss further measures to increase pressure on Russia to end its war against Ukraine.