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Removing the consumer carbon price, effective April 1, 2025

| Department of Finance Canada | backgrounders

The Government of Canada has made regulations that cease the application of the federal fuel charge, effective April 1, 2025, and is also removing requirements for provinces and territories to have a consumer-facing carbon price as of that date.


Government launches consultations on trade measures to prevent diversion of steel products into Canada

| Department of Finance Canada | news releases

Today, the Honourable François-Philippe Champagne, Minister of Finance and the Honourable Anita Anand, Minister of Innovation, Science and Industry announced the launch of a 30-day public consultation on possible trade measures to protect against the threat of diversion of steel products from third countries into the Canadian market as a result of the recent trade measures by the U.S.


Department of Finance hosts briefing with industry stakeholders on Canada’s response to U.S. tariffs

| Department of Finance Canada | readouts

Yesterday, the Honourable François-Philippe Champagne, Minister of Finance joined Chris Forbes, Deputy Minister of Finance, to host a briefing with more than 400 Canadian industry and labour stakeholders, as well as provincial and territorial representatives, on Canada-U.S. economic issues. Arun Alexander, Canada’s Deputy Ambassador to the United States of America, also joined the call.


Canada invests in five networks to stimulate innovation in key emerging technology sectors

| Innovation, Science and Economic Development Canada | news releases

Since its launch in 2017, the Strategic Innovation Fund (SIF) has supported collaboration between businesses, research institutions and non-profit organizations to drive growth in key emerging technology sectors. It funds business-led projects in areas where Canada has an economic advantage, such as cleantech, life sciences, agriculture/agri-food, mining and aerospace. Over the years, SIF networks have supported over 750 small and medium-sized enterprises (SME) that have created over 1,200 jobs and attracted over $1.7 billion in investment.


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2025-12-23