Ottawa – Workers are at the heart of Canada’s economy. For our economy and for every generation to reach their full potential, Canadian workers need good-paying jobs. We’re doing this by making investments that increase productivity, boost innovation, and accelerate the flow of capital into Canada. And we’re doing everything we can to protect Canadian workers from unfair competition. Chrystia Freeland, …
Ottawa – Canada’s small- and medium-sized businesses keep main streets flourishing across the country, create good-paying jobs, and deliver the dream of entrepreneurship. It is essential that these businesses thrive so they can continue being the bedrock of our communities and our economy. Chrystia Freeland, Deputy Prime Minister and Minister of Finance, alongside Rechie Valdez, Minister of Small Business, and …
Ottawa – Canadian workers, the auto sector, the steel and aluminum industries, and related critical manufacturing supply chains are threatened by unfair competition from Chinese producers, who benefit from China’s intentional, state-directed policy of overcapacity and oversupply, as well as its lack of rigorous labour and environmental standards. That is why the federal government is taking further action to protect …
Ottawa – Canadians work hard to be able to afford a home. However, the high cost of mortgage payments is a barrier to homeownership, especially for Millennials and Gen Z. To help more Canadians, particularly younger generations, buy a first home, new mortgage rules came into effect on August 1, 2024, allowing 30 year insured mortgage amortizations for first-time homebuyers …
Nanaimo, British Columbia – Department of Finance Canada To unlock good-paying opportunities for every generation, particularly for Millennials and Gen Z, every student must have fair access to post-secondary education, regardless of their ability to pay. Everyone should be able to afford college, university, or an apprenticeship, graduate and find a good job, put a roof over their head, and …
Toronto – In Toronto, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced an investment of nearly $2.4 million to retrofit the TD Futures Cities Centre at Evergreen Brick Works. Evergreen, the national non-profit that stewards the site, was incorporated in 1991 and is dedicated to transforming public spaces for people and planet. In addition, Evergreen is providing just …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Mary Ng, Minister of Export Promotion, International Trade and Economic Development, issued the following statement following the US Trade Representative’s request for consultations on Canada’s digital services tax under the new NAFTA (the Canada-United States-Mexico Agreement) : “Canada strongly supports international efforts to end the corporate tax race …
Saddle Hills – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, visited Advantage Energy’s Glacier plant in Alberta’s Peace Country, the world’s first abated natural gas facility. She highlighted how the Canada Growth Fund’s $200 million investment and carbon contract for difference are enabling Calgary’s Entropy Inc. to implement carbon capture and sequestration technology. In December 2023, the Canada …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the Canada Growth Fund’s seventh investment. The Canada Growth Fund today announced an investment of up to US$100 million (C$137 million) in Svante to accelerate the company’s development and construction of commercial-scale carbon capture and removal projects, which will secure the company’s Canadian-based future and …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance met with the Canadian athletes participating in Paris Olympics 2024. She said: “Good luck to all Team Canada athletes, who are making us all very proud!”
