The Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, today announced relief to support Canadian businesses affected by the countermeasures Canada has announced in response to the tariffs imposed by the United States.
In keeping with this commitment, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the appointment of Stephanie Coyles to the Board of Directors of the Canada Pension Plan Investment Board. This appointment is set for a term of three years, effective October 10.
Ms. Stephanie Coyles currently serves on the Board of Directors for Sun Life Financial and Metro. Past board memberships include Corus Entertainment, Hudson’s Bay Company, and Postmedia Network.
The Honourable Wayne Long, Secretary of State responsible for the Canada Revenue Agency and Financial Institutions, will tour the Woodstock port of entry and will provide details on new Government of Canada measures to strengthen border security and keep Canadians safe. A media availability will follow.
This week, the Government of Canada successfully priced its fifth issuance of Canadian-dollar-denominated green bonds, including a new 30-year bond and the re-opening of its 7-year bond issued in February 2025.
The G7 Finance Ministers and Central Bank Governors' Meeting, which Minister Champagne will co-chair with Tiff Macklem, Governor of the Bank of Canada, will be an opportunity to discuss the global economy and advance progress on international issues including Russia’s illegal war against Ukraine. The Prime Minister of Ukraine, Yuliia Svyrydenko, and Minister of Finance of Ukraine, Sergii Marchenko, will join for parts of the meeting.
Filing an income tax return is the gateway for many Canadians to access important financial benefits—like the GST/HST Credit, the Canada Child Benefit, the Canada Disability Benefit , and more —which can help them manage their day-to-day costs. That’s why the Canada Revenue Agency (CRA) will make it easier for Canadians to file a tax return and access key benefits.
Green bonds unlock private financing to speed up projects such as green infrastructure and nature conservation. Projects funded by green bonds will grow Canada’s economy and create jobs across the country. Mobilizing capital through green bonds is an important tool of Canada’s strategy to achieve net-zero emissions by 2050.