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Government announces new measures to help protect Canadians and businesses against extortion

| Department of Finance Canada | news releases

For too many Canadian individuals and businesses, extortion is a reality of everyday life—one that brings fear, intimidation, and harm to communities and families alike and that undermines Canadians’ sense of safety. These crimes are typically carried out by organized networks operating across borders and using digital platforms. That’s why coordinated action between governments, law enforcement, and financial institutions is essential and at the heart of today’s announcement.


Government welcomes Canada Growth Fund investment in Thompson Nickel Mine

| Department of Finance Canada | news releases

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed a strategic commitment to invest up to US$85 million (approximately C$116 million) by the Canada Growth Fund as part of a broader transaction to acquire and turn around the Vale Base Metals Thompson Mine Complex.


Minister Champagne in Mississauga to announce measures on combatting extortion

| Department of Finance Canada | media advisories

The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will make an announcement regarding measures to combat rising occurrences of extortion in Canada. He will be joined by the Honourable Maninder Sidhu, Minister of International Trade, the Honourable Rechie Valdez, Minister of Women and Gender Equality and Secretary of State (Small Business and Tourism), the Honourable Shafqat Ali, President of the Treasury Board, Mayor Carolyn Parrish, Deputy Chief with the Peel Regional Police, Nick Milinovich, and Sarah Paquet, Director and Chief Executive Officer of the Financial Transactions and Reports Analysis Centre. A media availability will follow.


Minister Champagne concludes visit to Brussels to deepen economic and security partnerships

| Department of Finance Canada | news releases

Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, concluded a productive visit in Brussels, Belgium, to reiterate Canada’s commitment to shared economic prosperity and strengthened collaboration on both sides of the Atlantic. Throughout this visit, Minister Champagne solidified Canada’s strengths as a key partner in transatlantic trade, security, innovation, and defence, while reinforcing a shared commitment to global economic prosperity.


Minister Champagne will travel to Brussels to deepen economic and security ties with European counterparts and private sector partners

| Department of Finance Canada | news releases

While in Brussels, Minister Champagne will address the Eurogroup at a session on navigating global imbalances in the context of geo-economic risks. This marks a milestone as it is the first time a Canadian Finance Minister has been invited to participate in a meeting of the Eurogroup. The Eurogroup is an informal body that ensures close coordination of economic policies among the euro area member states and promotes conditions for stronger economic growth. It provides a key platform for Canada to align on growth strategies with its closest allies.


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2025-12-23