| Department of Finance Canada | backgrounders
Small- and medium-sized businesses are an integral engine of Canada’s economy, and they employ about 64 per cent of Canadian workers. Entrepreneurs, local small business, start-ups, growing medium-sized businesses—everywhere in Canada, there are people with good ideas, ready to grow their businesses and create good jobs.
| Department of Finance Canada | backgrounders
Canada is one of the wealthiest countries in the world. For generations, this has meant Canada is a place where everyone could secure a better future for themselves and their children. This is in no small part is due to our commitment to progressive taxation. In order to build a fair economy, everyone needs to pay their fair share. To restore fairness for every generation the government is investing in housing; in building the clean, innovative economy of the future; in child care, health care, dental care, and pharma care; in Canada’s security, and Canada’s future. The government is doing this so that young people can have the same opportunities as previous generations. Canada’s future success depends on their success. It is only fair that these important investments are funded by those who have benefited the most from all the opportunity that Canada has to offer.
| Department of Finance Canada | backgrounders
Key Measures in Budget 2024: Fairness for Every Generation
| Department of Finance Canada | backgrounders
On March 9, 2024, the federal government announced a two-year extension of the two per cent cap on the annual alcohol excise duty inflation adjustment, and a 50 per cent reduction for two years on excise duty rates for the first 15,000 hectolitres of beer brewed in Canada.
| Department of Finance Canada | backgrounders
Mr. Werner Liedtke joined the Financial Consumer Agency of Canada (FCAC) in March 2019 as Chief Financial Officer and Assistant Commissioner, Corporate Services.
| Department of Finance Canada | backgrounders
In provinces that request it or do not have their own carbon pricing system that meets the federal benchmark, a federal fuel charge is put in place. Currently, the fuel charge applies in the provinces of Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador. All direct proceeds are returned within the province where they were collected, primarily through the quarterly Canada Carbon Rebate, directly to Canadians.
| Department of Finance Canada | backgrounders
Ms. Marie Lemay was first appointed as the President and CEO of the Royal Canadian Mint in January 2019. With 20 years of service in senior government positions, she has an extensive background in public administration. Prior to her appointment, Ms. Lemay served as Deputy Minister and Deputy Receiver General for Canada at Public Services and Procurement Canada, from 2016 to 2019.
| Department of Finance Canada | backgrounders
On December 21, 2023, the federal government granted the regulatory approval to allow the sale of HSBC Bank Canada (HSBC) to the Royal Bank of Canada (RBC).
| Department of Finance Canada | backgrounders
Ms. Cheryl Beckett has been a member of the Canadian International Trade Tribunal since October 2018.
| Department of Finance Canada | backgrounders
Mr. Georges Bujold has been a member of the Canadian International Trade Tribunal since October 2018.
