To help carry out this important mandate, and in keeping with the Government of Canada's commitment to appointing highly qualified candidates able to best serve the interests of Canadians, Finance Minister Bill Morneau today announced the appointments of Pina Melchionna and Barry Rivelis to the Board of Directors of the Royal Canadian Mint, each for terms of four years. Biographical information can be found below.
Today the Government introduced a Notice of Ways and Means Motion that would temporarily amend the Customs Tariff to remove the two-year moratorium on the imposition of safeguard measures on imports previously subject to safeguards.
Today, Finance Minister Bill Morneau spoke with members of the Milton Chamber of Commerce about the Government's approach and the results it has delivered for families and businesses across the country.
The Department of Finance today released draft legislative proposals that would: facilitate the conversion of existing Health and Welfare Trusts into Employee Life and Health Trusts, and amend the existing Employee Life and Health Trust tax rules to allow what are currently Health and Welfare Trust arrangements to continue to operate in a manner similar to that in which they currently operate.
Canadians work hard to save money for the future—to buy a home, to pay for their children's education, to enjoy a family vacation, or have enough set aside for a secure retirement.
Finance Minister Bill Morneau today welcomed the International Monetary Fund (IMF)'s findings that "Canada has employed a judicious mix of policies to support inclusive growth and reduce vulnerabilities in the financial system."
Canada stood firm and did not back down until this outcome was achieved on Friday, May 17, when the U.S. announced that it would eliminate tariffs on Canadian steel and aluminum within two days. Canada also agreed to eliminate its countermeasures against the U.S.
The Government of Canada is committed to appointing highly qualified candidates able to best serve the interests of Canadians, through open, transparent and merit-based selection processes for all Governor-in-Council appointments.
The Department of Finance Canada announced today that Canada’s official international reserves increased by an amount equivalent to US$1,431 million during April to US$84,832 million. This was driven by reserves management funding operations (US$1,648 million) and a net loss in investments (-US$217 million).
