| Department of Finance Canada | news releases
The Department of Finance today released for consultation draft legislative proposals to implement a range of previously announced tax measures. The proposed changes aim to clarify and improve tax rules, close gaps to prevent tax avoidance, and ensure existing measures work as intended.
| Department of Finance Canada | media advisories
The Honourable Wayne Long, Secretary of State responsible for the Canada Revenue Agency and Financial Institutions, will discuss the Government of Canada’s plan to build a stronger economy and make life more affordable for Canadians.
| Department of Finance Canada | backgrounders
The global landscape is rapidly changing, leaving economies, businesses, and workers under a cloud of uncertainty. In response, Canada’s new government is focused on what we can control: building a stronger economy to make life more affordable for Canadians.
| Department of Finance Canada | news releases
Today, the Honourable Jill McKnight, Minister of Veterans Affairs and Associate Minister of National Defence, on behalf of the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed a strategic investment of up to US$65 million (approximately C$89.6 million) by the Canada Growth Fund in Mangrove Water Technologies Inc. (“Mangrove Lithium”), as part of a US$85 million structured financing package with BMW i Ventures and Breakthrough Energy Ventures.
| Department of Finance Canada | news releases
Today, the Department of Finance Canada announced the automobile income tax deduction limits and expense benefit rates that will apply in 2026.
| Department of Finance Canada | media advisories
The Honourable Jill McKnight, Minister of Veterans Affairs and Associate Minister of National Defence, on behalf of the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will welcome an important investment in support of building Canada’s clean economy. A media availability and tour of the facility will follow.
| Department of Finance Canada | news releases
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will be in Washington D.C. on January 11 and 12 to participate in a series of meetings with his G7 counterparts and other like-minded countries on trade.
| Department of Finance Canada | news releases
The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today co-chaired the last meeting of G7 Finance Ministers and Central Bank Governors under Canada’s G7 Presidency, alongside Tiff Macklem, Governor of the Bank of Canada.
| Department of Finance Canada | news releases
Tariffs coupled with low global diamond prices, inflationary pressures, and sustained supply chain bottlenecks are proving a challenge to navigate. That’s why the government is responding with a loan to support the Ekati Diamond Mine in the Northwest Territories.
| Department of Finance Canada | news releases
The Government of Canada is committed to mobilizing public and private capital to promote investment in sustainability, as part of the transition to net-zero. Budget 2025 reconfirmed the government’s support for the arm’s-length development of made-in-Canada sustainable investment guidelines, also known as a taxonomy, and committed to the selection of an external organization to lead it by the end of the year.
