By making investments that lead to long-term growth, and by working together with global partners in the G20, the International Monetary Fund (IMF), and the World Bank Group, the Government of Canada continues its efforts to deliver economic growth that works for everyone – in Canada, and around the world.
As part of its ongoing efforts to stand up for Canada's steel industry and support Canadian workers and businesses, today the Government of Canada is announcing further steps to prevent diversion of foreign steel products into Canada, and provide relief to steel and aluminum users in specific circumstances that are paying for countermeasures on certain products imported from the United States.
Finance Minister Bill Morneau was in Tokyo today, where he met with Japanese business leaders as part of an Invest in Canada initiative to deepen partnerships and promote Canada as a top destination for foreign investment. In his meetings, he highlighted the close ties between Canada and Japan, pointing out their partnerships in international groups and organizations, as well as their shared commitment to ensuring economic growth, cooperative political relations and continued development in the Asia-Pacific region.
The Department of Finance Canada announced today that Canada's official international reserves decreased by an amount equivalent to US$555 million during September to US$80,683 million.
"We welcome the commitment of the Argentine authorities to implement macroeconomic policies and a reform agenda to stabilize the economy and promote growth, which are reflected in the recent staff-level agreement that is being considered by the IMF Executive Board.
The Government of Canada is committed to supporting a financial sector that promotes competition and consumer choice while continuing to deliver financial stability and economic growth.
On June 21, 2018, the Cannabis Act received Royal Assent, an important step toward legalizing and strictly regulating cannabis in Canada. The Act aims to keep cannabis out of the hands of children, and the profits away from criminals and organized crime.
In keeping with this commitment, Finance Minister Bill Morneau today announced the appointments of Paul Haggis, Raymond Ivany and Monique Mercier to the Board of Directors of the Bank of Canada.
In keeping with this commitment, Finance Minister Bill Morneau today announced the appointment of three permanent members to the Canadian International Trade Tribunal (CITT). Cheryl Beckett, Georges Bujold and Randolph Heggart will serve five-year terms. Also announced today was the addition of Serge Fréchette as a temporary member (for a one-year term).
In keeping with this commitment, Finance Minister Bill Morneau today announced the appointment of Sylvia Chrominska and the re-appointment of Tahira Hassan to the Canada Pension Plan Investment Board (CPPIB). Biographical information on the appointees can be found below.