| Department of Finance Canada | news releases
Today, the honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, took part in a virtual town hall with the Newmarket Chamber of Commerce. The Minister was joined at the town hall by Tony Van Bynen, Member of Parliament for Newmarket—Aurora.
| Department of Finance Canada | news releases
G7 Finance Ministers and Central Bank Governors discussed domestic and international economic responses to COVID-19 and reiterated the importance of continued financial support to economies and that support should not be withdrawn too quickly. They also noted the need to collaborate on approaches to digital payments and their shared resolve to combat the rising threat of ransomware attacks.
| Department of Finance Canada | news releases
The Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, will attend several multilateral virtual meetings over the next week, beginning with Monday’s Coalition of Finance Ministers for Climate Action. The Deputy Prime Minister will also attend virtual meetings of the G7 and G20 Finance Ministers and Central Bank Governors on October 13 and October 14.
| Department of Finance Canada | news releases
That is why today the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, announced the government’s intention to introduce new, targeted supports to help hard-hit businesses and other organizations experiencing a drop in revenue. The government plans to introduce legislation to provide support that would help these businesses safely get through the second wave of the virus and the winter, cover costs so they can continue to serve their communities, and be positioned for a strong recovery, including:
| Department of Finance Canada | news releases
Today, the honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, took part in a virtual town hall with Sault Ste. Marie Chamber of Commerce. The Minister was joined at the town hall by Terry Sheehan, Member of Parliament for Sault Ste. Marie, and Parliamentary Secretary to the Minister of Economic Development and Official Languages (FedNor).
| Department of Finance Canada | news releases
Today, the honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, took part in a virtual town hall with la Chambre de commerce et d’industrie de Laval. The Minister was joined at the town hall by Members of Parliament Angelo Iacono (Alfred-Pellan), Annie Koutrakis (Vimy), Fayçal El-Khoury (Laval—Les Îles), and Yves Robillard (Marc-Aurèle-Fortin).
| Department of Finance Canada | news releases
In response to the significant economic and financial distress facing the province’s energy sector, the Honourable Seamus O’Regan, Canada’s Minister of Natural Resources, on behalf of the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, today announced $320 million in funding, towards an agreement with the provincial government, to support Canadians with offshore energy jobs. This agreement will allow the province to support workers through activities such as safety improvements, maintenance and upgrades of existing facilities, and research and development.
| Department of Finance Canada | news releases
Today, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, is proposing to extend the current treatment of furloughed employees under the wage subsidy program for the upcoming four-week period, from September 27 to October 24, 2020.
| Department of Finance Canada | news releases
Today, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland and Minister of Small Business, Export Promotion and International Trade, Mary Ng, announced that Canada Emergency Commercial Rent Assistance (CECRA) for small businesses will be extended by one month to help eligible small businesses pay rent for September. All provinces and territories continue to participate in this initiative, and collaborate with the federal government to provide rent supports to those small businesses most in need. Current CECRA application deadlines will also be extended to accommodate this extension.
| Department of Finance Canada | news releases
The Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, is today announcing that the application deadline for the Canada Emergency Business Account (CEBA) is extended from August 31 to October 31, 2020.
