Today, Finance Minister Bill Morneau welcomed Woodfibre LNG’s announcement that it has placed an order for a cryogenic heat exchanger – a critical next step in the construction of its liquefied natural gas (LNG) project near Squamish, British Columbia.
To that end, today Finance Minister Bill Morneau announced the launch of an engagement process with Indigenous communities aimed at determining what that potential economic participation could look like.
Today, Finance Minister Bill Morneau was in Stirling, Ontario, where he met with local business leaders and families to talk about what the Government has done over the past four years to make life more affordable for Canadians.
The Department of Finance Canada announced today that Canada’s official international reserves decreased by an amount equivalent to US$1,040 million during July to US$85,260 million. This was driven by reserves management funding operations (-US$204 million)1, and a net loss in investments (US$836 million)2.
Today, Finance Minister Bill Morneau delivered this message in a keynote address at a luncheon hosted by the Greater Kitchener Waterloo Chamber of Commerce and the Cambridge Chamber of Commerce.
The Department of Finance Canada today released for public comment a set of draft legislative proposals to implement tax and other related measures announced in Budget 2019 that have not yet been legislated.
Today, Finance Minister Bill Morneau met with local business leaders at the Oakville Chamber of Commerce as part of the Vote Prosperity Leadership Series.
Today, Finance Minister Bill Morneau released an update on Marginal Effective Tax Rates (METRs). A METR is an estimate of how a new business investment is taxed, and can be used as a measure of competitiveness—balancing the impact of tax costs against incentives to invest.
Recognizing that international cooperation is needed to tackle these and other issues, over the last two days Minister Morneau met with his G7 counterparts to discuss ways governments can collectively help more people find jobs, save money, and prepare for the future in the face of emerging challenges.