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Canada to issue third green bond

| Department of Finance Canada | news releases

The Government of Canada is announcing its plan to issue its third Canadian-dollar-denominated green bond this week, subject to market conditions.


Canada announces $155B tariff package in response to unjustified U.S. tariffs 

| Department of Finance Canada | news releases

Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, and the Honourable Mélanie Joly, Minister of Foreign Affairs, announced that the Government of Canada is moving forward with 25 per cent tariffs on $155 billion worth of goods in response to the unjustified and unreasonable tariffs imposed by the United States (U.S.) on Canadian goods.


Government of Canada announces deferral in implementation of change to capital gains inclusion rate

| Department of Finance Canada | news releases

Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, announced that the federal government is deferring—from June 25, 2024 to January 1, 2026—the date on which the capital gains inclusion rate would increase from one-half to two-thirds on capital gains realized annually above $250,000 by individuals and on all capital gains realized by corporations and most types of trusts. The capital gains inclusion rate represents the portion of capital gains that is taxable.


Government of Canada announces extension of 2024 charitable donations to February 28, 2025

| Department of Finance Canada | news releases

Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, along with the Honourable Élisabeth Brière, Minister of National Revenue, announced that the federal government intends to amend the Income Tax Act to extend the deadline for making donations eligible for tax support in the 2024 tax year, until February 28, 2025.


Federal government announces transfer of more than $100 billion to provinces and territories

| Department of Finance Canada | news releases

Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, announced that the federal government will deliver $103.8 billion in major federal transfers to provinces and territories in 2025-26, in addition to other significant financial support. This represents an increase of 4.4 per cent in major transfers compared to 2024-25.


Government of Canada releases 2024 Fall Economic Statement

| Department of Finance Canada | news releases

The Fall Economic Statement includes updates on investments to expand Canada’s social safety net, build more homes, and reduce the costs of essentials like child care, dental care, and prescription medications including insulin and contraceptives.


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2017-05-26