Today, the federal government is moving forward with consultations to advance key budget priorities to build more homes, boost economic growth, improve tax fairness, and ensure Canada’s financial sector works for all Canadians.
The Group of Creditors of Ukraine (GCU) welcomes the agreement in principle reached between Ukraine and its bondholders (ad hoc creditor committee) on Eurobond Debt Restructuring Terms.
This week, from July 24 to 26, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, will attend meetings of G7 and G20 Finance Ministers and Central Bank Governors in Rio de Janeiro, Brazil.
This investment in Markham is particularly exciting because it is a groundbreaking, world-leading investment. This is the Growth Fund’s first investment in Ontario. Through a carbon contract for difference, the Canada Growth Fund is helping Markham generate more clean energy by using a cutting-edge technology that extracts heat from wastewater.
Today, the Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance, visited Markham District Energy—the city’s public energy utility and Canada’s fastest growing energy utility—to highlight how federal investments are expanding Markham’s affordable, low-carbon energy network to more residents and businesses.
Today, the Department of Finance launched consultations on the Budget 2024 commitment to establish an opt-in framework for interested Indigenous governments to impose their own Fuel, Alcohol, Cannabis, Tobacco, and Vaping (FACT) value-added sales taxes. Expanding opt-in tax jurisdiction would enable Indigenous governments to better exercise their tax jurisdiction with more flexibility.
The Canada Growth Fund and Strathcona Resources—Canada’s fifth-largest oil producer—have agreed to invest up to $2 billion combined to build carbon capture and sequestration infrastructure on Strathcona’s steam-assisted, gravity drainage oil sands facilities in Saskatchewan and Alberta.