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Department of Finance Canada

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Department of the Government of Canada
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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
  • Nick Leswick, Deputy Minister of Finance
Websitefin.canada.ca

TheDepartment of Finance Canada (French:Ministère des Finances Canada) is a central agency of theGovernment of Canada. The department assists theminister 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 itsannual budget.[3]

The department isresponsible toParliament through theminister of finance (François-Philippe Champagne since March 2025).[4] The day-to-day operations of the department are directed by thedeputy minister of finance (apublic servant). Nick Leswick was appointed Deputy Minister of Finance on December 19, 2025.[5]

The department is headquartered in theJames Michael Flaherty Building in downtownOttawa at the corner of Elgin and Albert.

Branches and sub-agencies

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The department is divided into several branches:

  • Economic Policy Branch
  • Fiscal Policy Branch
  • Economic Development and Corporate Finance Branch
  • Federal-Provincial Relations and Social Policy Branch
  • Financial Sector Policy Branch
  • International Trade and Finance Branch
  • Tax Policy Branch
  • Law Branch
  • Corporate Services Branch
  • Consultations and Communications Branch

Some of the agencies under the finance portfolio include:

Related legislation

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Acts and legislations under the Department:

  • Income Tax Act
  • Federal-Provincial Fiscal Arrangements Act
  • Customs Act
  • Customs Tariff Act
  • Excise Act
  • Excise Tax Act
  • Proceeds of Crime (Money Laundering) and Terrorist Financing Act
  • Income Tax Conventions Interpretation Act
  • Payment Clearing and Settlement Act
  • Financial Administration Act
  • Special Import Measures Act
  • Bretton Woods and Related Agreements Act
  • European Bank for Reconstruction and Development Agreement Act

References

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  1. ^"GC InfoBase".www.tbs-sct.gc.ca. RetrievedNovember 4, 2020.
  2. ^"GC InfoBase".www.tbs-sct.gc.ca. RetrievedNovember 4, 2020.
  3. ^Smith, Alex (April 23, 2009)."The Roles and Responsibilities of Central Agencies" (Background paper).Library of Parliament.
  4. ^Al Mallees, Nojoud; Duggan, Kyle (December 19, 2024)."Trudeau's 'fixer' Dominic LeBlanc steps up for prime minister in time of crisis".Toronto Star.The Canadian Press.Archived from the original on December 20, 2024. RetrievedDecember 20, 2024.
  5. ^"Chris Forbes, Deputy Minister Department of Finance".Government of Canada. November 14, 2023.Archived from the original on December 1, 2023.

Further reading

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External links

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