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Minister Champagne concludes consequential European trip, strengthens security and trade ties with key allies

| Department of Finance Canada | news releases

As Canada and the European Union mark the 8th anniversary of the Comprehensive Economic and Trade Agreement (CETA), the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today concluded a consequential and productive trip to Copenhagen, Denmark, where he participated in the meeting of European Union (EU) Economy and Finance Ministers (ECOFIN).


Minister of Finance meets with energy sector leaders

| Department of Finance Canada | readouts

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, accompanied by the Honourable Tim Hodgson, Minister of Energy and Natural Resources, the Honourable Julie Dabrusin, Minister of Environment and Climate Change, and Ryan Turnbull, Parliamentary Secretary to the Minister of Finance and National Revenue and Secretary of State (Canada Revenue Agency and Financial Institutions), brought together leaders from Canada’s energy sector in Edmonton to discuss the industry’s role in advancing major nation-building projects and supporting Canada’s economic growth ahead of Budget 2025.


Canada strengthens oil price cap measures to curb Russian war revenues

| Global Affairs Canada | news releases

The Honourable Anita Anand, Minister of Foreign Affairs, and the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today announced amendments to the Special Economic Measures (Russia) Regulations to further reduce revenues flowing to Russia from its oil exports. These amendments follow a commitment made by Canada on August 8, 2025, to lower the price cap for Russian oil, after the European Union and the United Kingdom announced similar measures.


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:


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2025-12-23