Today, the Organisation for Economic Co-operation and Development (OECD) announced that 136 countries, including Canada, have agreed on the elements of the landmark two-pillar plan on international tax reform. The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, today issued the following statement:
On July 23, 2021, the Deputy Prime Minister and Minister of Finance sent the letter linked below, on behalf of the Government of Canada and a coalition of over 55 Canadian public and private institutions, to the Chair of the Board of Trustees of the IFRS Foundation. The letter expresses support for the proposed International Sustainability Standards Board (ISSB) and invites the Board of Trustees to locate the ISSB headquarters in Canada.
Following the announcement yesterday that 130 countries co-signed a new two-pillar plan on international tax reform, including Canada, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance.
Statement by the Deputy Prime Minister on the final report from the Canada-British Columbia Expert Panel on the Future of Housing Supply and Affordability
Earlier today, the Office of the Superintendent of Financial Institutions (OSFI) announced that, effective June 1, 2021, it will implement a new minimum qualifying rate for all uninsured mortgages.
The Office of the Superintendent of Financial Institutions (OSFI) announced today that it is restarting its consultation on the minimum qualifying rate for uninsured mortgages.
“Together with the Minister of Finance and the Public Service of Jamaica and the United Nations Deputy Secretary General, today I co-chaired a meeting of Finance Ministers from around the world to discuss proposals for the international community’s response to the COVID-19 pandemic.
“Today, I hosted a call with my counterparts from the “Five Eyes” nations – Australia, New Zealand, United Kingdom, and the United States – to discuss the economic impact of the COVID-19 pandemic, the significant policy response to the crisis, and the safe gradual restart of the global economy. This call was the third of a series of regular calls among Finance Ministers of the “Five Eyes” countries.
Today, Finance Minister Bill Morneau and Mary Ng, Minister of Small Business, Export Promotion and International Trade, issued the following statement.
We, G7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (COVID-19) and its impact on markets and economic conditions.