Group of Creditors of Ukraine
| Department of Finance Canada | statements
We note the publication today of a consent solicitation from Ukraine to defer the debt service due to bondholders from August 1st, 2022 and to extend payment maturities.
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Government of Canada welcomes final report of the Commission of Inquiry into Money Laundering in British Columbia
| Department of Finance Canada | statements
The federal government takes the issues of money laundering and terrorist financing very seriously, and welcomes the Cullen Commission’s final report. The government will closely examine the report and continue working with all partners, including the Government of British Columbia, as part of its efforts to review and improve Canada’s Anti-Money Laundering and Anti-Terrorist Financing (AML/ATF) Regime.
G7 Finance Ministers and Central Bank Governors´ Petersberg Communiqué
| Department of Finance Canada | statements
We, the G7 Finance Ministers and Central Bank Governors, met on the Petersberg on 18-20 May 2022
Update on Trans Mountain Expansion Project
| Department of Finance Canada | statements
On February 18, 2022, the federal government provided an update on the Trans Mountain Expansion Project. With 50 per cent of the pipeline already built and the project significantly de-risked, the federal government announced that no additional public money will be spent on the project and Trans Mountain Corporation would secure the funding necessary to complete the project with third-party financing.
Statement by the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance for Canada, on behalf of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines
| Department of Finance Canada | statements
In response to Russia’s invasion, Canada has joined its partners and allies in imposing the strongest sanctions ever inflicted on a major economy, while also directly sanctioning President Putin and over 900 other Russian individuals and entities. Canada has also provided immediate support to Ukraine and its people, and has offered two bilateral sovereign loans to Ukraine, worth up to CA$620 million. Canada will continue to do more in the weeks and months to come.
G7 Finance Ministers and Central Bank Governors' Statement on Russia's war of aggression against Ukraine
| Department of Finance Canada | statements
G7 Finance Ministers and Central Bank Governors' Statement on Russia's war of aggression against Ukraine
Russian Elites, Proxies, and Oligarchs Task Force Ministerial Joint Statement
| Department of Finance Canada | statements
English
G7 Finance Ministers' Statement on Ukraine
| Department of Finance Canada | statements
The ongoing Russian military build-up at Ukraine’s borders is a cause for grave concern. We, the G7 Finance Ministers, underline our readiness to act swiftly and decisively to support the Ukrainian economy, while also supporting the ongoing efforts to urgently identify a diplomatic path towards de-escalation.
Statement by the Deputy Prime Minister and Minister of Finance on the Canadian housing market
| Department of Finance Canada | statements
Earlier today, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is maintaining the minimum qualifying rate for uninsured mortgages that came into effect on June 1, 2021.
Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Monetary Policy Framework
| Department of Finance Canada | statements
The objective of Canada's monetary policy is to promote the economic and financial well-being of Canadians. Experience has shown that the best way monetary policy can achieve this goal is by maintaining a low and stable inflation environment. Doing so supports a strong and inclusive labour market that provides every Canadian with opportunities for a good quality of life.
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