Toronto – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Ahmed Hussen, Minister of International Development, announced that the federal government will provide over $162 million in additional support to the City of Toronto. First, the federal government will provide an additional $143 million for Toronto through the Interim Housing Assistance Program (IHAP) to reimburse costs incurred by …
Toronto – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Marci Ien, Minister for Women and Gender Equality and Youth, visited Canary Landing in Toronto to highlight how Canada’s economic plan is putting homeownership back within reach and building more homes, faster. The federal government’s economic plan is supporting the construction of new homes at Canary Landing, which …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, said that the Liberal government is continuing to deliver “our economic plan in 2024! We are bringing down the cost of child care to $10-a-day in every province and territory, expanding dental care to more Canadians, creating good jobs, and building more homes, faster.”
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of Susana Lee as a member of the Canadian International Trade Tribunal (CITT), as well as the reappointment of Cheryl Beckett and Georges Bujold. All three appointments are for five-year terms. “The Canadian International Trade Tribunal is known around the world for its fair and timely …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, pursuant to her authorities under the Bank Act, approved the sale of HSBC Bank Canada (HSBC) to Royal Bank of Canada (RBC), subject to strict terms and conditions imposed on RBC. RBC’s proposed acquisition followed HSBC Global’s November 2022 announcement of its exit from the Canadian market, which is part of …
Government guarantees price of carbon for Canadian-made carbon capture technology Calgary – In Calgary,Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the second investment by the Canada Growth Fund—and the world’s first carbon credit offtake agreement of its kind. The Growth Fund’s $200 million direct investment and complementary carbon contract for difference in a world-leading …
Toronto – Mayor Olivia Chow together with Justin Trudeau, Prime Minister, Chrystia Freeland, Deputy Prime Minister, and Sean Fraser, Minister of Housing, Infrastructure and Communities, announced the allocation of $471 million in funding through the Housing Accelerator Fund (HAF), which will result in achieving an additional 11,780 homes in Toronto on top of what has already been projected over the …
Ottawa – Every family in Canada deserves access to high-quality child care when they need it and at a price that won’t break the bank. The Government of Canada is working closely with provincial, territorial and Indigenous partners to make this a reality. Jenna Sudds, Minister of Families, Children and Social Development joined Chrystia Freeland, Deputy Prime Minister and Minister …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Sean Fraser, Minister of Housing, Infrastructure and Communities, announced that more than 300,000 Canadians have opened a Tax-Free First Home Savings Account since April 1, 2023, which is making it more affordable for them to save for a down payment. The Tax-Free First Home Savings Account allows Canadians to …
Vancouver – In Vancouver, Chrystia Freeland, Deputy Prime Minister and Minister of Finance, visited 58 West Hastings, which in May 2024 will begin welcoming its first residents into 231 new affordable rental homes for vulnerable people and low-income families. As first announced by the Deputy Prime Minister on July 28, 2021, this project was made possible in part by $45.8 …
