Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, welcomed the International Monetary Fund (IMF)’s Concluding Statement of the 2025 Article IV Mission.
In keeping with this commitment, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, announced the appointment of Chantal Frappier, Marjolaine Giasson, Sandra L. Hanington, Maureen C. Jensen and Andrew D. Mutch to the Board of Directors of the Bank of Canada, effective November 27, 2025.
Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, introduced Bill C-15, Budget 2025 Implementation Act, No. 1, an important first piece of legislation to advance key Budget 2025: Canada Strong priorities.
The Government of Canada is committed to appointing highly qualified candidates who are able to best serve the interests of Canadians, through open, transparent, and merit-based selection processes for all Governor-in-Council appointments.
Today, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, highlighted core measures from this week’s Budget 2025 to lower the prices Canadians pay by promoting private sector competition.
To restore fairness to the sector and ensure workers are receiving the benefits they deserve, Budget 2025 will provide $77.0 million over four years, starting in 2026-27, with ongoing funding of $19.2 million annually, for the Canada Revenue Agency to lift the moratorium on the penalties for failure to report fees for service transactions in the trucking industry and to implement a focused program that addresses non-compliance issues related to personal services businesses and reporting fees for service.
We are building our economy with major projects and millions more homes, we are empowering Canadians with lower costs and new opportunities to help you get ahead, and we are protecting our communities and our country.
Canada has a skilled and adaptable workforce, the most educated in the world. On November 4, the Honourable François-Philippe Champagne, Minister of Finance and National Revenue, will table Budget 2025 – the government’s plan to deliver generational, transformational investments to grow our economy, empower workers, create high-paying careers, and protect and support those most affected by trade disruptions.