| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that Dean Connor, Director of the Canada Pension Plan Investment Board (CPPIB) since August 2021, will be designated as Chair of the CPPIB for a three-year term beginning October 27, 2023.
| Department of Finance Canada | speeches
Our government is relentlessly focused on delivering for Canadians—on building more homes faster, on stabilizing prices, and on creating great careers.
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that over 150,000 Canadians have already opened a tax-free First Home Savings Account to save for a down payment on their first home—putting homeownership back within reach across the country.
| Department of Finance Canada | news releases
The Government of Canada is today launching consultations to advance measures, including Budget 2023 and Budget 2022 commitments, which will protect Canadian consumers by cracking down on predatory lenders faster and reviewing the legislation that regulates Canada’s financial institutions, and to support Canada’s growing clean economy. The government is also consulting Indigenous organizations and governments on exempting Indigenous Settlement Trusts from the Alternative Minimum Tax.
| Department of Finance Canada | speeches
Once passed, Bill C-56 will allow for the removal of the GST on the construction of new apartment buildings so that more rental housing gets built, faster.
| Department of Finance Canada | media advisories
Senior officials from the Government of Canada will hold a bilingual technical briefing on the Canada Mortgage Bonds annual limit increase from $40 billion to up to $60 billion, as announced yesterday by the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance. This change is the next step in the government’s plan to build more homes, faster, and will unlock low-cost financing for multi-unit rental construction.
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the annual limit for Canada Mortgage Bonds is being increased from $40 billion to up to $60 billion. This change is the next step in the government’s plan to build more homes, faster, and will unlock low-cost financing for multi-unit rental construction. This new measure will help to build up to 30,000 more rental apartments per year.
| Department of Finance Canada | speeches
That is why it was so important for me this morning to introduce—as our government’s first piece of legislation for this fall—the Affordable Housing and Groceries Act.
| Department of Finance Canada | speeches
At a time when labour shortages are constraining industrialized economies around the world—and at a time when labour shortages are also contributing to inflation around the world—supply side solutions like affordable early learning and child care are more important than ever.
| Department of Finance Canada | media advisories
Senior officials from the Government of Canada will hold a bilingual technical briefing, on Bill C-56, the Affordable Housing and Groceries Act, the first piece of government legislation introduced in the fall parliamentary sitting.
