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 …
Canada’s economic plan is helping citizens save for 1st home
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 …
Freeland speaks at Sustainable Finance Forum
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 …
Ensuring Canadians are treated fairly by their banks
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 …
Minister Ng concludes participation in Africa Accelerating conference
Toronto – Mary Ng, Minister of Export Promotion, International Trade and Economic Development, delivered a keynote address to kick off the Africa Accelerating 2023 conference in Toronto, Ontario. During the conference, Minister Ng discussed Canada’s efforts to advance trade and investment priorities and deepen economic cooperation between Canada and the countries of Africa. Minister Ng highlighted Canada’s support for the …
Unlocking $20b in new financing to build 30,000 more apartments per year
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 …