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Shaping Canada’s Future: Government concludes Budget 2025 consultations

| Department of Finance Canada | news releases

Today, the Government of Canada concluded its nationwide consultations ahead of Budget 2025, which will set out the federal government’s plan to support Canadians and Canadian businesses during this time of heightened global challenges while building the strongest economy in the G7.


Government releases draft legislation for previously announced tax measures

| Department of Finance Canada | news releases

Today, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, released for consultation draft legislative proposals that would implement a range of previously announced and other tax measures, including measures that would:


Canada intends to lower price cap for Russian oil

| Department of Finance Canada | news releases

Canada maintains its staunch opposition to Russia’s unjust and unprovoked war against Ukraine and unwaveringly supports the Ukrainian people’s right to defend their freedom, sovereignty, and independence.


Minister Champagne concludes successful G7 and G20 meetings in South Africa

| Department of Finance Canada | news releases

With global political and economic uncertainty abounding, strong relationships and cross-continental collaboration with reliable nations has never been more important. Canada is spearheading a new era of collaboration and partnership with nations it can trust and whose priorities it shares.


Canada’s new government to consult on its first federal budget

| Department of Finance Canada | news releases

In the election, Canadians called for change – and Canada’s new government is moving with urgency to deliver this change. Budget 2025 will spend less and invest more to catalyze private capital, unleash investment, and build the strongest economy in the G7.


Government confirms non-taxability of Canada Carbon Rebates for Small Businesses

| Department of Finance Canada | news releases

Today, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, issued draft legislation to ensure that all Canada Carbon Rebates for Small Businesses are provided tax-free—securing small businesses the full financial benefit of the rebates.


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