Ottawa – Deputy Prime Minister Chrystia Freeland talked about on building more homes, faster. She said: Before we dive into today’s announcement, I would just like to take a moment to highlight Friday’s strong job numbers. Thanks to the hard work of Canadians and Canadian businesses, Canada gained 37,000 new jobs in January. That was double market expectations. Unemployment fell …
Govt announces 2-year extension to ban on foreign ownership of housing
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the federal government’s intent to extend by an additional two years the existing ban on foreign ownership of Canadian housing. For years, foreign money has been coming into Canada to buy up residential real estate, increasing housing affordability concerns in cities across the country, and particularly in major …
Freeland Talks about economic plan in 2024
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.”
Canada announces appointments to Canadian Int’l Trade Tribunal
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 …
What does govt approval of sale of HSBC to RBC means?
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 …
Canada Growth Fund’s 1st carbon contract for difference
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 gets $471m from feds to create 11,780 new homes
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 …
Blair meets with Poland’s Deputy PM, Defence Minister
Warsaw – Bill Blair, Minister of National Defence, met with his Polish counterpart, Deputy Prime Minister and Defence Minister Władysław Kosiniak-Kamysz. Minister Blair thanked Deputy Prime Minister Kosiniak-Kamysz for Poland’s ongoing hospitality to Canadian Armed Forces members, who are training members of the Armed Forces of Ukraine (AFU) on Polish soil under Operation UNIFIER. Since October 2022, Canada has deployed …
Minister Joly offers condolences on death of Amir of Kuwait
Ottawa – Mélanie Joly, Minister of Foreign Affairs, issued the following statement on the passing of the Amir of Kuwait, His Highness Sheikh Nawaf Al-Ahmad Al Jaber Al-Sabah: “Today, it is with great sadness that I learned of the passing of the Amir of Kuwait, His Highness Sheikh Nawaf Al-Ahmad Al Jaber Al-Sabah. Sheikh Nawaf was committed to advancing the …
Canada-wide early learning & child care system improving access
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 …