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Deputy Prime Minister announces $1.2 billion to build over 2,600 new rental homes in Toronto

| Department of Finance Canada | news releases

Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Arif Virani, Minister of Justice and Attorney General, announced a federal investment of $1.2 billion to build 2,644 rental homes across seven new projects in Toronto, provided as fully repayable low-interest loans through the Rental Construction Financing Initiative.


Collective engagement to implement the crypto-asset reporting framework

| Department of Finance Canada | statements

To keep pace with the rapid development and growth of the crypto-asset market and to ensure that recent gains in global tax transparency will not be gradually eroded, we welcome the new international standard on automatic exchange of information between tax authorities developed by the Organisation for Economic Co-operation and Development (OECD) – the Crypto-Asset Reporting Framework (CARF). The widespread, consistent and timely implementation of the CARF will further improve our ability to ensure tax compliance and clamp down on tax evasion, which reduces public revenues and increases the burden on those who pay their taxes.


Governments of Canada and Manitoba invest nearly $500 million to deliver clean, reliable, and affordable electricity to Manitobans

| Department of Finance Canada | news releases

Today in Winnipeg, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and the Honourable Wab Kinew, Premier of Manitoba, announced a joint investment of $475.6 million to strengthen Manitoba’s clean electricity grid and ensure Manitobans continue receiving affordable and reliable clean energy.


Remarks by the Deputy Prime Minister following a special meeting of provincial and territorial finance ministers to discuss the Government of Alberta’s proposed withdrawal from the Canada Pension Plan

| Department of Finance Canada | speeches

Protecting the pensions of every single Canadian is a priority for our government. We will always stand up for the Canada Pension Plan and for the secure and dignified retirement it provides for all Canadians—a point I made clear in today’s meeting.


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2017-05-26