| Department of Finance Canada | statements
Earlier this year the U.S. Secretary of the Treasury outlined the United States’ concerns regarding the Pillar 2 rules agreed by the OECD/G20 Inclusive Framework on BEPS and set out a proposed ‘side-by-side’ solution under which U.S. parented groups would be exempt from the Income Inclusion Rule (IIR) and Undertaxed Profits Rule (UTPR) in recognition of the existing U.S. minimum tax rules to which they are subject.
| Department of Finance Canada | news releases
This temporary trade measure will help stabilize the Canadian steel market by addressing the risk that steel originally destined for the United States is redirected to Canada. The combination of tariffs imposed by the U.S. on all steel imports and global overcapacity, caused by non-market practices, has led many exporters to seek new markets. This measure helps manage that pressure without disrupting supply for Canadian users.
| Department of Finance Canada | backgrounders
The Government of Canada announced the implementation of tariff rate quotas (TRQs) on imports of steel mill products from non-free trade agreement partners, effective June 27, 2025. This measure will help stabilize the Canadian market and prevent harmful diversion of foreign steel from third countries into Canada while minimizing impacts on Canadian importers and downstream users.
| Department of Finance Canada | news releases
Today, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced a series of measures to protect Canadian steel and aluminum producers and workers.
| Department of Finance Canada | readouts
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, convened a virtual meeting with provincial and territorial Finance Ministers to advance shared priorities and strengthen Canada’s economic resilience.
| Department of Finance Canada | news releases
Canada remains steadfast in its support for Ukraine as it fights to defend its sovereignty, territorial integrity, and democracy. The conflict initiated by Russia, with support from Belarus, continues to severely impact Ukraine’s economy, including its ability to export goods globally.
| Department of Finance Canada | media advisories
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will participate in the Opening Fireside Chat of the 31st Edition of the Conference of Montreal.
| Public Safety Canada | news releases
A strong Canada means strong borders. Today, the Honourable Gary Anandasangaree, Minister of Public Safety introduced the Bill, the Strong Borders Act to strengthen our laws and keep Canadians safe.
| Department of Finance Canada | backgrounders
GST relief for first-time home buyers on new homes valued up to $1.5 million
| Department of Finance Canada | news releases
Government tables a Motion to bring down costs for Canadians
