| Department of Finance Canada | news releases
The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, today announced a suite of reforms to mortgage rules to make mortgages more affordable for Canadians and put homeownership within reach:
| Department of Finance Canada | news releases
Canada is today launching a second 30-day consultation, from September 10, 2024, to October 10, 2024, on potential surtaxes in response to unfair Chinese trade practices.
| Department of Finance Canada | news releases
The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, today announced the federal government is delivering $7.3 billion in grants and interest-free loans to students this academic year. The federal government’s record-high support for students is made possible by measures announced in Budget 2024:
| Department of Finance Canada | news releases
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced the appointment of Elizabeth Whitsitt as a member of the Canadian International Trade Tribunal (CITT) for a 5-year term.
| Department of Finance Canada | news releases
Today in Toronto, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced an investment of nearly $2.4 million to retrofit the TD Futures Cities Centre at Evergreen Brick Works. Evergreen, the national non-profit that stewards the site, was incorporated in 1991 and is dedicated to transforming public spaces for people and planet. In addition, Evergreen is providing just over $1.5 million through corporate donors, fundraising and its own funds.
| Department of Finance Canada | news releases
Canada’s auto manufacturing industry directly supports over 125,000 good-paying Canadian jobs, many of which are unionized, and our electric vehicle (EV) supply chain potential is ranked first in the world. Similarly, Canada’s steel and aluminum sectors support over 130,000 jobs across the country.
| Department of Finance Canada | news releases
On June 26, 2024, Shell announced its final investment decisions to proceed with two new projects: Polaris Carbon Capture and Atlas Carbon Storage Hub. The Polaris project, located at the company’s Scotford refinery and chemicals project, is one of the most efficient and modern facilities of its kind in North America. Polaris will create up to 2,000 good jobs and will capture approximately 650,000 tonnes of CO2 annually. In turn, the Atlas project, which was announced in partnership with ATCO EnPower, will permanently store underground the carbon captured from Polaris.
| Department of Finance Canada | news releases
Deputy Prime Minister visits Entropy’s Glacier clean gas project, a recipient of the Canada Growth Fund’s first carbon contract for difference
| Department of Finance Canada | news releases
Deputy Prime Minister welcomes Canada Growth Fund investment in Svante to advance carbon capture technology
| Department of Finance Canada | news releases
Today, as part of consultations to advance key budget priorities, the federal government announced new enhancements to the Canadian Entrepreneurs’ Incentive, to ensure innovators and small business owners, including farmers, are rewarded for their hard work.
