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!”
Toronto – Canadians work hard to be able to afford a home. However, the high cost of mortgage payments are a barrier on the path to homeownership, especially for Millennials and Gen Z. To break down these barriers and help more young Canadians buy a first home, Budget 2024 announced the federal government would allow up to 30 year amortizations …
Markham – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, visited Markham District Energy—the city’s public energy utility and Canada’s fastest growing energy utility—to highlight how federal investments are expanding Markham’s affordable, low-carbon energy network to more residents and businesses. Markham District Energy’s network is already delivering reliable, cost-efficient heating and cooling to over 15 million square feet across …
London – Building fairness for every generation means combatting pollution and the devastating and costly impacts of the climate crisis while making everyday life more affordable for Canadians. Canada’s approach to pricing carbon pollution achieves both. Steven Guilbeault, Minister of Environment and Climate Change, was at Pizza Quest in London, Ontario, to highlight that today is the final opportunity for …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the Canada Growth Fund’s sixth investment. The Canada Growth Fund and Strathcona Resources—Canada’s fifth-largest oil producer—have agreed to invest up to $2 billion combined to build carbon capture and sequestration infrastructure on Strathcona’s steam-assisted, gravity drainage oil sands facilities in Saskatchewan and Alberta. Upon completion, the …
Cavendish – Chrystia Freeland, Deputy Prime Minister and Minister of Finance at the unveiling of the LM Montgomery commemorative circulation coin, said: It is so great to be back on PEI. I’m delighted to be here with my amazing colleagues, with Sean Casey, with my colleague Lawrence MacAulay. And thank you very much, Heath MacDonald, for welcoming us to your …
Toronto – High-speed internet access is more essential than ever to keep Canadians connected. Chrystia Freeland, Deputy Prime Minister and Minister of Finance, highlighted that the Canada Infrastructure Bank (CIB) has invested more than $2 billion in eight internet service providers. This investment is supporting high-speed internet projects, connecting 430,000 more rural and remote Canadians households. Through the CIB’s partnerships with …
