| Department of Finance Canada | news releases
To stand up for Canada's steel industry and its workers in light of illegal and unjustified U.S. tariffs, the Government has taken strong action, including challenging the tariffs at the World Trade Organization (WTO) and imposing reciprocal, dollar-for dollar, countermeasures against imports from the U.S. of steel, aluminum and other products.
| Department of Finance Canada | news releases
Every Canadian should feel good about what the future holds, and confident that support will be there when they need it. That includes Canada's seniors, who deserve a secure and dignified retirement after a lifetime of hard work.
| Department of Finance Canada | news releases
Today, the Parliamentary Secretary to the Minister of Finance, Joël Lightbound, joined the Member of Parliament for Yukon Larry Bagnell to speak to members of the Yukon Chamber of Commerce about how Budget 2019, Investing in the Middle Class, will help ensure that Arctic and northern communities continue to grow and prosper.
| Department of Finance Canada | news releases
Today, the Parliamentary Secretary to the Minister of Finance, Joël Lightbound, is in Whitehorse to highlight how Budget 2019 is investing in the middle class. This includes helping more people in Canada's Arctic region get access to education and work opportunities, with the announcement of a $26 million investment over five years to build a new science building at Yukon College, helping it transition into Canada's first northern university.
| Department of Finance Canada | news releases
Investing in the middle class and people working hard to join it is a proven way to deliver solid economic growth—growth that has helped Canada maintain its reputation as a good place to live, invest and do business. That's the message Finance Minister Bill Morneau brought to Washington as he met with Canada's global partners in the G20, the International Monetary Fund (IMF) and the World Bank Group this week.
| Department of Finance Canada | news releases
The hard work of Canadians, bolstered by the Government's ongoing investments in the middle class, has helped drive the unemployment rate to 40-year lows, and affirmed that Canada is a good place to invest and do business. At home and around the world, Canada will continue to work with its global partners in the G20, the International Monetary Fund and the World Bank Group to deliver economic growth that works for everyone.
| Department of Finance Canada | news releases
Today the Department of Finance Canada released the 2019 Report on Federal Tax Expenditures—Concepts, Estimates and Evaluations. This report, shared under the Government's commitment to openness and transparency, provides estimates of the fiscal cost of federal tax measures designed to keep the federal tax system functioning properly and support Canadian families and businesses.
| Department of Finance Canada | news releases
Building on that plan, Finance Minister Bill Morneau today introduced in the House of Commons Bill C-97, the Budget Implementation Act, 2019, No. 1 (BIA 1), which implements a number of measures proposed in Budget 2019. Today's legislation proposes new measures to help build a better Canada, and help give middle class Canadians more reasons to feel confident about what the future holds for themselves and their families.
| Department of Finance Canada | news releases
The Department of Finance Canada announced today that Canada's official international reserves decreased by an amount equivalent to US$1,019 million during March to US$83,401 million. This was driven by reserves management funding operations (-US$1,300 million)1 and a net gain in investments (US$281 million).2
| Department of Finance Canada | news releases
To that end, the Government today took action to modernize and enhance the Canadian deposit insurance framework so that Canadians can continue to be served effectively by deposit products offered by financial institutions. The amendments released today to the Canada Deposit Insurance Corporation Act (CDIC Act) follow a consultation with Canadians and respond to a Budget 2017 and Budget 2018 commitment to introduce legislative amendments that ensure that the framework continues to meet its objectives, including supporting financial stability.
