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Department of Finance Canada





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The Department of Finance Canada (French: Ministère des Finances Canada) is a central agency of the Government of Canada. The department assists the minister of finance in developing the government's fiscal framework and advises the government on economic and financial issues. A principal role of the department is assisting the government in the development of its annual budget.[3]

Department of Finance Canada
Ministère des Finances Canada
Department overview
FormedJuly 1, 1867
TypeDepartment responsible for
  • Economic and Fiscal Policy
  • Economic Development and Corporate Finance
  • Federal-Provincial Relations and Social Policy
  • Financial Sector Policy
  • International Trade and Finance
  • Tax Policy
  • Corporate Services
JurisdictionGovernment of Canada
Employees803 (March 2018)[1]
Annual budgetCA$94.1 billion (2018–19)[2]
Minister responsible
Department executive
  • Vacant, Deputy Minister of Finance
Websitefin.canada.ca

The department is responsibletoParliament through the minister of finance (Chrystia Freeland since August 2020,[4] concurrently serving as the deputy prime minister of Canada) and the associate minister of finance (Randy Boissonnault since October 2021, concurrently serving as the minister of tourism). The day-to-day operations of the department are directed by the deputy minister of finance (apublic servant). Michael Sabia served as deputy minister until his departure to head Hydro-Québec in May 2023.

The department is headquartered in the James Michael Flaherty Building in downtown Ottawa at the corner of Elgin and Albert.

Branches and sub-agencies

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The department is divided into several branches:

Some of the sub-agencies under the Department include:

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Acts and legislations under the Department:

References

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  1. ^ "GC InfoBase". www.tbs-sct.gc.ca. Retrieved 2020-11-04.
  • ^ "GC InfoBase". www.tbs-sct.gc.ca. Retrieved 2020-11-04.
  • ^ Smith, Alex (23 April 2009). "The Roles and Responsibilities of Central Agencies" (Background paper). Library of Parliament.
  • ^ "Chrystia Freeland appointed Canada's finance minister". Financial Times. 18 August 2020. Archived from the original on 2022-12-10. Retrieved 2020-11-04.
  • edit

    Retrieved from "https://en.wikipedia.org/w/index.php?title=Department_of_Finance_Canada&oldid=1199561785"
     



    Last edited on 27 January 2024, at 10:40  





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    This page was last edited on 27 January 2024, at 10:40 (UTC).

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