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Group of creditors of Ukraine

| Department of Finance Canada | statements

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.


Remarks by the Deputy Prime Minister on expanding Markham District Energy’s affordable, low-carbon energy network

| Department of Finance Canada | speeches

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.


Government of Canada expanding Markham District Energy’s affordable, low-carbon energy network

| Department of Finance Canada | news releases

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.


Government consults on Budget 2024 commitment to expand opt-in tax jurisdiction for Indigenous governments

| Department of Finance Canada | news releases

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.


Deputy Prime Minister welcomes $2 billion partnership between Canada Growth Fund and Strathcona Resources to secure Canada’s carbon capture leadership

| Department of Finance Canada | news releases

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.


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