Warsaw – Bill Blair, Minister of National Defence, held a bilateral meeting with Deputy Prime Minister and Minister of Defence of Poland, Władysław Kosiniak-Kamysz. Minister Blair expressed Canada’s gratitude for our positive and growing defence relationship with Poland, including our cooperation on providing military assistance to Ukraine, and strengthening deterrence and defence along the North Atlantic Treaty Organization’s (NATO) Eastern Flank. During …
Chrystia Freeland’s resigns
Ottawa – Chrystia Freeland, Canada’s finance minister and deputy prime minister, said today she wis resigning from the cabinet, the day she was set to table her fall economic statement with key economic metrics such as the country’s deficit. Freeland wrote in a letter posted on social media: “On Friday, you told me you no longer want me to serve …
Making it easier for homeowners to build secondary suites
Ottawa – By making it easier for homeowners to add secondary suites to their existing homes, we can build the supply of homes Canada needs to make housing more affordable for every generation. Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Sean Fraser, Minister of Housing, Infrastructure and Communities, announced the 2024 Fall Economic Statement will double the loan …
Freeland announces $240m for Cohere to scale-up AI compute capacity
Toronto – Compute is the technology that powers artificial intelligence (AI). It’s the chips and the data centres, the backbone of this transformative new technology. Canada is home to some of the world’s best and brightest AI researchers, and Canada is already championing the use of AI. More access to cutting-edge compute infrastructure is crucial to securing Canada’s AI advantage …
Feds offer tax break for all, cracking down on short-term rentals
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, and Jean-Yves Duclos, Minister of Public Services and Procurement and Quebec Lieutenant, highlighted how the government is putting more money in your pocket. First, the Deputy Prime Minister and Minister of Finance highlighted that Bill C-78, the Tax Break for All Canadians Act, has been adopted by the House of Commons. The …
Feds lowering cost of housing for Canadians
Ottawa -Deputy Prime Minister and Minister of Finance talked on new action to lower the cost of housing for Canadians. She said: Good afternoon, everyone. We are going to start by commenting on the Canadian economy and the Canada-US relationship, and then on actions we are taking to lower the cost of housing. Finally, we’ll talk about the new stress …
Freeland announces new action to lower cost of housing for Canadians
Ottawa – The federal government’s housing plan is the most ambitious in Canadian history and will build nearly 4 million new homes. As part of this plan, the government is cracking down on large, corporate investors who buy up single-family homes, removing the GST from student residences to build more student housing, unlocking underused federal lands to build homes on, helping provinces …
Govt of Canada unlocks 12 more federal properties for housing
Ottawa – Everyone deserves a place to call home. However, for many across the country, home ownership and renting are out of reach due to the housing crisis Canada is facing. We need to build more homes, faster, to get Canadians into homes that meet their needs, at prices they can afford. That’s why in Budget 2024 and Solving the Housing …
Canadians now have single external complaints body for banking
Ottawa – The Ombudsman for Banking Services and Investments (OBSI) assumed its responsibilities as Canada’s single external complaints body (ECB) for federally regulated banks. As part of its mandate, the Financial Consumer Agency of Canada (FCAC) protects consumers of financial products and services by supervising the compliance of federally regulated banks and the ECB with their legal obligations, including the …
Remarks by Deputy PM on protecting reproductive freedom
Ottawa – Deputy Prime Minister Chrystia Freeland talked on protecting reproductive freedom. She said: I am going to start by talking about the Canadian economy. I will then discuss measures our government is taking to protect women’s reproductive freedom. And finally, I will provide an update on the Canada Health Transfer. Minister Ien will then speak in more detail about …