Fort Saskatchewan – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that Canada’s major investment tax credits are enabling Dow to build the world’s first net-zero emissions ethylene cracker and derivatives site in Fort Saskatchewan, Alberta. She was joined by the Chair and CEO of Dow, Jim Fitterling, François-Philippe Champagne, Minister of Innovation, Science and Industry, and Randy …
Ottawa – Canada’s Deputy PM, Chrystia Freeland gave the following 2023 Fall Economic statement: Thank you very much, Mr. Speaker. Our government was elected on a promise to deliver for the middle class. And our economic plan is focused on building an economy that works for everyone—with good jobs that people can count on. Major investments in public transit, in …
Toronto – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, Prabmeet Sarkaria, Ontario Minister of Transportation, Olivia Chow, Mayor of Toronto, and Jamaal Myers, Chair of the Toronto Transit Commission (TTC), announced the on-time delivery of the first of 60 new made-in-Canada streetcars to the TTC, supported by a $568 million joint investment. The first new streetcars will enter …
Gatineau – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, Jean-Yves Duclos, Minister of Public Services and Procurement, and Anita Anand, President of the Treasury Board, announced that 6 surplus federal properties will be developed into more than 2,800 new homes in Calgary, Alberta, Edmonton, Alberta and St. John’s, Newfoundland and Labrador and Ottawa, Ontario. By March 2024, Canada …
Ottawa – Chrystia freeland, Deputy Prime Minister and Minister of Finance spoke at the Sustainable Finance Forum. She said: “I do want to start by recognizing and thanking Ryan. Ryan, your hard work and your leadership are why we are all here today. I think you are a tremendous example of what one person, one Member of Parliament with dedication …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced new measures to ensure Canadians are treated fairly by their banks. These measures include protecting Canadians from rising mortgage payments, enhancing low-cost banking options, lowering non-sufficient fund (NSF) fees and ensuring Canadians have an impartial advocate when they have complaints with their bank. These newest measures to make …
Ottawa – The modernized Canada-Ukraine Free Trade Agreement (CUFTA) marks a new era in Canada and Ukraine’s economic relationship and will be fundamental to the participation of Canadian businesses in Ukraine’s economic reconstruction and recovery from Russia’s illegal and unjustified invasion. Mary Ng, Minister of Export Promotion, International Trade and Economic Development, tabled the text of the modernized CUFTA in …
Marrakech – Deputy Prime Minister and Minister of Finance, Chrystia Freeland, concluded a visit to Marrakech, Morocco for meetings of G7 and G20 Finance Ministers and the Annual Meetings of the International Monetary Fund (IMF) and World Bank. The Deputy Prime Minister discussed with Canada’s allies and partners the importance of building clean economies that deliver for working people, securing …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that over 150,000 Canadians have already opened a tax-free First Home Savings Account to save for a down payment on their first home—putting homeownership back within reach across the country. The new tax-free First Home Savings Account is a registered savings account that allows Canadians to contribute up …
Canada Mortgage Bonds increase designated to new rental housing construction Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the annual limit for Canada Mortgage Bonds is being increased from $40 billion to up to $60 billion. This change is the next step in the government’s plan to build more homes, faster, and will unlock low-cost …
