Today, on behalf of the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue and Member of Parliament for Saint-Maurice–Champlain, Québec, announced $378,700 in funding to the Regional County Municipality of Les Chenaux (MRC des Chenaux) for their one-year initiative entitled Safe Navigation: Awareness, Prevention and Implementation of Boating Safety in the MRC des Chenaux.
Members of the media are invited to join the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, on behalf of the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada, for an announcement regarding a search and rescue and boating safety initiative in the MRC des Chenaux, Quebec.
The Government of Canada is moving forward with actions to protect Canadian industries and strengthen the economy amid a rapidly evolving global trade landscape. As economic security, industrial policy, and international competition continue to shape investment, trade, and financial decisions around the world, the federal government is moving with speed and ambition to build the strongest economy in the G7.
Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, announced that the federal government is providing $60 million loan to Arbec Bois d'œuvre Inc. through the Large Enterprise Tariff Loan facility. The funding will help the company maintain operations, transition to a business model less reliant on the United States, and limit disruption to its workforce.
Canada’s forest sector has been impacted by ongoing trade disputes, particularly between the U.S. and China, which has created weak market conditions for softwood lumber, pulp, and other forest products resulting in ongoing economic uncertainty for workers and their families.
Today, the Department of Finance is releasing for consultation, draft legislative proposals to implement a range of previously announced tax measures, as well as other technical amendments to Canada's tax system.
Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, met with provincial and territorial finance ministers in Charlottetown to discuss shared priorities, including improving affordability, removing outstanding internal trade barriers between provinces, increasing housing supply and advancing measures to strengthen Canada's long-term economic growth and competitiveness in an uncertain global environment.
On July 14th and 15th, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will be in Charlottetown, Prince Edward Island.
In preparation for the fall budget, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, today announced the launch of pre-budget consultations.
