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Ministère des Finances Canada | |
Department overview | |
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Formed | July 1, 1867 |
Type | Department responsible for
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Jurisdiction | Government of Canada |
Employees | 803 (March 2018)[1] |
Annual budget | CA$94.1 billion (2018–19)[2] |
Minister responsible | |
Department executive |
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Website | fin |
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]
The department is responsible to Parliament through the minister of finance (Dominic LeBlanc since December 2024)[4] and the associate minister of finance (Randy Boissonnault since October 2021, concurrently serving as the minister of tourism).[5] The day-to-day operations of the department are directed by the deputy minister of finance (a public servant). Michael Sabia served as deputy minister until his departure to head Hydro-Québec in May 2023. Chris Forbes was appointed Deputy Minister of Finance on September 11, 2023.[6]
Freeland announced her resignation as minister of finance on December 16, 2024.[7]
The department is headquartered in the James Michael Flaherty Building in downtown Ottawa at the corner of Elgin and Albert.