Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, today confirmed that the Government of Canada has delivered to provinces and territories an additional $2 billion Canada Health Transfer top-up. This top-up will support provincial and territorial governments in reducing backlogs and responding to urgent pressures in emergency rooms, operating rooms, and pediatric hospitals, and is part of …
Freeland welcomes IMF’s findings on economy
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the International Monetary Fund (IMF)’s Staff Concluding Statement of the 2023 Article IV Mission, which highlighted Canada’s resilient economy, stable fiscal outlook, clean economy plan, and actions to improve housing affordability. The IMF’s latest projections reaffirm Canada’s position as the G7 country with the lowest deficit-to-GDP ratio in every …
Government announces lower credit card transaction fees for small businesses
Brampton – The Government of Canada today announced it is delivering on the Budget 2023 commitment to lower credit card transaction fees for small businesses by finalizing new agreements with Visa and Mastercard, while also protecting reward points for Canadian consumers offered by Canada’s large banks. Small businesses pay fees to process credit card transactions, with the largest component being …
Strengthening public health care receives Royal Assent
Ottawa – Bill C-46, the Cost of Living Act, No. 3, received Royal Assent. This legislation delivers new inflation relief to the Canadians who need it most through the new Grocery Rebate, and strengthens public health care with a $2 billion Canada Health Transfer (CHT) top-up to help reduce backlogs and wait times, and support pediatric hospitals and emergency rooms. The new …
Deputy PM commends Poland’s strong leadership
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, has said: “Canada commends Poland’s strong leadership and steadfast support for Ukraine. We are proud to be your partner and ally, Mariusz Błaszczak, Deputy Prime Minister of Poland. Together we will continue to hold Putin to account.”
Investing in zero emission public transit infrastructure in Toronto
Toronto – Chrystia Freeland, Deputy prime minister and finance minister, talked about zero emission public transit infrastructure in Toronto. She said: “I would like to begin by acknowledging that we are gathered on the traditional territories of many nations, including the Mississaugas of the Credit, the Anishnabeg, the Chippewa, the Haudenosaunee and the Wendat peoples. “It is great to be …
NB families to get Climate Action Incentive payments this Oct
Gatineau – Putting a price on pollution remains the most efficient means to fight climate change, while making life more affordable for Canadians. Not only does pollution pricing ensure it is no longer free to pollute anywhere in Canada, but in provinces where the federal pollution pricing system applies, Climate Action Incentive payments put more money back into the majority …
Deputy PM to attend meeting of EU Economy, Finance Ministers in Sweden
Ottawa – This week, from April 28 to 29, the Deputy Prime Minister and Minister of Finance, Chrystia Freeland, will attend a meeting of European Union Economy and Finance Ministers and Central Bank Governors in Stockholm, Sweden. The Deputy Prime Minister has been invited by Sweden, the current President of the Council of the European Union, to discuss the impacts …
Freeland speeks about economic coercion at Five Finance Ministers meeting
Washington – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, issued the following statement: “Today I chaired the first in-person meeting of the “Five Finance Ministers” hosted at the US Treasury, which included my counterparts from Australia, New Zealand, the United Kingdom, and the United States. We discussed how best to collectively respond to economic coercion, including how we …
Chrystia Freeland addresses 47th Meeting of Int’l Monetary & Financial Committee
Washington – Statement by Chrystia Freeland, Deputy Prime Minister and Minister of Finance of Canada, on behalf of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines The most pressing threat to the global economy remains Russia’s illegal full-scale invasion of Ukraine. In addition to …