Ottawa – Minister of Finance, François-Philippe Champagne, today confirmed that Canada’s new countermeasures announced last week in response to the unjustified tariffs imposed by the United States on the Canadian auto industry will come into force at 12:01 a.m. EDT on April 9. As the Prime Minister indicated on April 3, this includes: Twenty-five per cent tariffs on non- Canada-U.S.-Mexico Agreement (CUSMA) …
Ottawa – François-Philippe Champagne, Minister of Finance, hosted a virtual meeting with provincial and territorial Finance ministers to discuss the unwarranted and unreasonable tariffs imposed by the United States. The Minister highlighted the Canadian countermeasures announced yesterday by the Prime Minister in response to the most recent U.S. tariffs on automobiles. Minister Champagne welcomed the continued and active contributions of …
Ottawa – Canadian steel producers and workers are facing potential harm from the threat of increased steel imports into Canada, triggered by the unjustified 25 per cent tariffs the United States (U.S.) imposed on steel products from all countries. François-Philippe Champagne, Minister of Finance and Anita Anand, Minister of Innovation, Science and Industry announced the launch of a 30-day public …
EDEN — The Ontario government is increasing annual funding for its Risk Management Program (RMP) from $150 million to $250 million to enhance support for farmers and the province’s $51 billion agri-food sector. The $100 million increase will support farmers in responding to market challenges while boosting their long-term business confidence and competitiveness. “Our government promised farmers we would continue …
Toronto — The Ontario government has begun issuing $200 taxpayer rebates to provincial taxpayers, as well as each of their eligible children, to help address the high cost of the federal carbon tax and high interest rates, with cheques set to reach families over the coming weeks. “With Ontario families struggling due to the federal carbon tax, high interest rates and …
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 …
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 …
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 …
TORONTO — The Ontario government is investing $758 million to help the TTC purchase 55 new trains for Toronto’s Line 2 subway. This investment is a result of the New Deal for Toronto, which was reached one year ago, and was conditional on the federal government meeting its financial commitment to support this critical public transit projec. “It’s nearly 12 …
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 …
