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OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau, who is mulling his future amid a major political crisis, has the full support of his cabinet to stay on, new Finance Minister Dominic ...
Canada's fiscal deficit for the year ended March came in at C$61.9 billion ($43.45 billion) - about 50% more than what was projected and missing one of the three key fiscal objectives Finance ...
Within hours of Freeland's announcement, Public Safety Minister Dominic LeBlanc was sworn in as her replacement. ... key role of Canada's finance minister since 2020, helping to lead the country ...
The budget is announced in the House of Commons by the Minister of Finance, who traditionally wears new shoes while doing so. [1] The Budget is then voted on by the House of Commons. Budgets are a confidence measure, and if the House votes against it the government can fall, as happened to Prime Minister Joe Clark 's government in 1980.
The Canadian federal budget for the fiscal years of 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.
The minister of finance (French: ministre des Finances) is the minister of the Crown in the Canadian Cabinet, who is responsible for overseeing the Department of Finance and presenting the federal government's budget each year. It is one of the most important positions in the Cabinet.
Chrystia Freeland, Canada's deputy prime minister and finance minister, during a television interview after tabling the federal budget in Ottawa on April 16, 2024. (David Kawai/Bloomberg/Getty Images)
As Minister of Finance, Freeland worked with RCMP and financial institutions to block financial services to participants. Although banks were granted immunity against civil suits from customers, Freeland insisted, during a press conference, that Charter rights remained in place.