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Canada extends support to Ukraine by waiving tariffs on goods

| Department of Finance Canada | news releases

Canada remains steadfast in its support for Ukraine as it fights to defend its sovereignty, territorial integrity, and democracy. The conflict initiated by Russia, with support from Belarus, continues to severely impact Ukraine’s economy, including its ability to export goods globally.


G7 Finance Ministers and Central Bank Governors conclude productive meeting in Banff

| Department of Finance Canada | news releases

Today, G7 Finance Ministers and Central Bank Governors concluded their meeting in Banff, Alberta, which is part of Canada’s 2025 G7 Presidency. The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, and Tiff Macklem, Governor of the Bank of Canada, co-chaired the meeting.


Government of Canada delivering middle class tax cut

| Department of Finance Canada | news releases

Last month, Canadians called for a serious plan for change to address the rising cost of living that has eroded Canadians’ quality of life. Change that puts more money in the pockets of Canadians. Change that builds a more affordable Canada.


Minister of Finance to co-chair G7 Finance Ministers and Central Bank Governors meeting in Washington, D.C.

| Department of Finance Canada | news releases

As part of Canada’s G7 presidency, the Minister of Finance, the Honourable François-Philippe Champagne, will be in Washington, D.C. this week, to co-chair, with Bank of Canada Governor Tiff Macklem, a meeting of the G7 Finance Ministers and Central Bank Governors. This will be taking place on the margins of the 2025 Spring Meetings of the World Bank Group and International Monetary Fund.


Government launches consultations on trade measures to prevent diversion of steel products into Canada

| Department of Finance Canada | news releases

Today, the Honourable François-Philippe Champagne, Minister of Finance and the Honourable Anita Anand, Minister of Innovation, Science and Industry announced the launch of a 30-day public consultation on possible trade measures to protect against the threat of diversion of steel products from third countries into the Canadian market as a result of the recent trade measures by the U.S.


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