François-Philippe Champagne | |
|---|---|
.jpg) Champagne in 2017 | |
| Minister of Finance | |
| Assumed office March 14, 2025 | |
| Prime Minister | Mark Carney |
| Preceded by | Dominic LeBlanc |
| Minister of National Revenue | |
| Assumed office May 13, 2025 | |
| Prime Minister | Mark Carney |
| Preceded by | Élisabeth Brière |
| Minister of Innovation, Science and Industry | |
| In office January 12, 2021 – March 14, 2025 | |
| Prime Minister | Justin Trudeau |
| Preceded by | Navdeep Bains |
| Succeeded by | Anita Anand |
| Minister of Foreign Affairs | |
| In office November 20, 2019 – January 12, 2021 | |
| Prime Minister | Justin Trudeau |
| Preceded by | Chrystia Freeland |
| Succeeded by | Marc Garneau |
| Minister of Infrastructure and Communities | |
| In office July 18, 2018 – November 20, 2019 | |
| Prime Minister | Justin Trudeau |
| Preceded by | Amarjeet Sohi |
| Succeeded by | Catherine McKenna |
| Minister of International Trade | |
| In office January 10, 2017 – July 18, 2018 | |
| Prime Minister | Justin Trudeau |
| Preceded by | Chrystia Freeland |
| Succeeded by | Jim Carr |
| Member of Parliament forSaint-Maurice—Champlain | |
| Assumed office October 19, 2015 | |
| Preceded by | Lise St-Denis |
| Personal details | |
| Born | (1970-06-25)June 25, 1970 (age 55) Greenfield Park, Quebec, Canada |
| Political party | Liberal |
| Residence | Shawinigan[1] |
| Alma mater | Université de Montréal Case Western Reserve University School of Law |
| Occupation |
|
François-Philippe Champagne[a] (born June 25, 1970) is a Canadian lawyer and politician who has been Minister of Finance and National Revenue since 2025. A member of theLiberal Party, he was elected to theHouse of Commons in the2015 election, serving as themember of Parliament (MP) forSaint-Maurice—Champlain. Champagne joinedCabinet in 2017 and assumed his current roles as theminister of finance in March 2025 andminister of national revenue in May 2025.
In 2017, Champagne became theminister of international trade in the government ofPrime MinisterJustin Trudeau. He then served as theminister of infrastructure and communities from 2018 to 2019 before becoming theminister of foreign affairs. In 2021, he becameminister of innovation science and industry. Prime MinisterMark Carney selected Champagne to be finance minister after taking office in 2025.
Champagne was born inGreenfield Park, Quebec, Canada on June 25, 1970, and raised inShawinigan,Quebec.[2][3] He studied law at theUniversité de Montréal andCase Western Reserve University School of Law. After several years working as a senior attorney for Elsag Bailey Process Automation, he joinedABB Group in 1999, eventually rising to group vice president and senior counsel. In 2008, he joinedAmec PLC as a strategic development director, and was designated a "young global leader" by theWorld Economic Forum. Following his return to Canada, he became involved in a variety of business and non-profit ventures.
In an interview withThe Globe and Mail inLondon, 2009, Champagne expressed his desire to eventually return to Canada and enter politics, citing fellow Shawinigan residentJean Chrétien as an inspiration.[4] Ahead of the2015 Canadian federal election, he was nominated as theLiberal candidate inSaint-Maurice—Champlain, a riding represented at the time byNew Democratic-turned-Liberal MPLise St-Denis, and was elected to Parliament on October 19, 2015.[5]
After his election in 2015, Champagne was appointed as parliamentary secretary to the Minister of Finance until 2017, when he was appointed Minister of International Trade.[6]
In 2018, Champagne was named Minister of Infrastructure and Communities, and oversaw the federal government’s $187 billion infrastructure investment plan.
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In November 2019, Champagne becameMinister of Foreign Affairs, taking the helm ofTrudeau's foreign policy.
In June 2020, it was reported that Champagne had two more mortgages with the state-ownedBank of China, raising questions of potential vulnerability to foreign influence.[7]
Champagne welcomed Trump'speace agreement betweenIsrael and theUnited Arab Emirates as a positive and historic step toward a peaceful and secure Middle East, adding Canada was gladdened by suspension of Israel'splans to annex parts of the occupiedPalestinian territories in theWest Bank.[8]
In the2021 Canadian cabinet shuffle, Champagne was moved out of the foreign affairs portfolio, and became Minister of Innovation, Science and Industry.[9] Champagne was characterized byPolitico in 2023 as "Trudeau's pitchman" for a global audience, tasked with luring would-be foreign investment in theUnited States to instead invest in Canada. His efforts were credited with enticingVolkswagen to construct agigafactory in Canada rather than the U.S., a first for the company outside of Europe.[10]
In 2024, he suggested that theCompetition Bureau should scrutinizeBig Tech companies' activities in thepayments sector. Champagne highlightedcompetition-related concerns associated withApple andGoogle'sdigital wallet services.[11]
Champagne was widely considered to be a possible candidate in the2025 Liberal Party of Canada leadership election, following the resignation of Prime MinisterJustin Trudeau.[12][13] He later announced that he would not enter the leadership race to focus on defending Canadians from the threat of tariffs of the second Trump administration.[14] On January 16, he endorsed former Bank of Canada governorMark Carney.[15]
Champagne was appointed minister of finance on March 14, 2025 upon the swearing-in ofMark Carney's cabinet.[16] Following the2025 federal election, he was additionally given the responsibility ofNational Revenue.[17] In July 2025, Champagne asked fellow cabinet ministers to find savings in their departments, with the goal of a 15% government operational spending cut by 2029.[18] He presented the2025 federal budget in November, promising to reduce the civil service by about 40,000 positions, cut temporary immigration to 673,650 in 2025 to 385,000 in 2026, balance operational spending by 2029, and reach the 2% ofGDPNATO target for military spending by 2026.[19]
Champagne is trilingual, speaking English, French and Italian.[4]
| 2025 Canadian federal election:Saint-Maurice—Champlain | ||||||||
|---|---|---|---|---|---|---|---|---|
| Party | Candidate | Votes | % | ±% | ||||
| Liberal | François-Philippe Champagne | 31,095 | 49.96 | +7.51 | ||||
| Conservative | Pierre-Augustin Allard | 15,321 | 24.62 | +6.62 | ||||
| Bloc Québécois | Thierry Bilodeau | 13,190 | 21.19 | –8.88 | ||||
| New Democratic | Nathalie Garceau | 1,224 | 1.97 | –3.09 | ||||
| Green | Marie-Claude Gaudet | 704 | 1.13 | –0.17 | ||||
| People's | David Rioux | 455 | 0.73 | N/A | ||||
| Rhinoceros | Dji-Pé Frazer | 251 | 0.40 | –0.10 | ||||
| Total valid votes/expense limit | 62,240 | 98.42 | ||||||
| Total rejected ballots | 1,001 | 1.58 | -0.81 | |||||
| Turnout | 63,241 | 65.78 | +4.23 | |||||
| Eligible voters | 96,138 | |||||||
| Liberalhold | Swing | +0.45 | ||||||
| Source:Elections Canada[20][21] | ||||||||
| 2019 Canadian federal election:Saint-Maurice—Champlain | ||||||||
|---|---|---|---|---|---|---|---|---|
| Party | Candidate | Votes | % | ±% | Expenditures | |||
| Liberal | François-Philippe Champagne | 23,104 | 39.55 | -1.97 | $101,231.55 | |||
| Bloc Québécois | Nicole Morin | 19,950 | 34.15 | +14.99 | $4,638.18 | |||
| Conservative | Bruno-Pier Courchesne | 9,542 | 16.33 | +0.06 | none listed | |||
| New Democratic | Barthélémy Boisguérin | 3,071 | 5.26 | -15.51 | none listed | |||
| Green | Stéphanie Dufresne | 1,809 | 3.10 | +1.16 | none listed | |||
| People's | Julie Déziel | 938 | 1.61 | – | none listed | |||
| Total valid votes/expense limit | 58,414 | 100.0 | ||||||
| Total rejected ballots | 1,307 | 2.19 | ||||||
| Turnout | 59,721 | 65.20 | ||||||
| Eligible voters | 91,594 | |||||||
| Liberalhold | Swing | -8.48 | ||||||
| Source:Elections Canada[22][23] | ||||||||
| 2015 Canadian federal election:Saint-Maurice—Champlain | ||||||||
|---|---|---|---|---|---|---|---|---|
| Party | Candidate | Votes | % | ±% | Expenditures | |||
| Liberal | François-Philippe Champagne | 24,475 | 41.52 | +30.59 | $107,029.87 | |||
| New Democratic | Jean-Yves Tremblay | 12,245 | 20.77 | −20.51 | $29,855.51 | |||
| Bloc Québécois | Sacki Carignan Deschamps | 11,295 | 19.16 | −9.31 | $32,567.29 | |||
| Conservative | Jacques Grenier | 9,592 | 16.27 | −0.86 | $49,358.13 | |||
| Green | Martial Toupin | 1,144 | 1.94 | −0.09 | $3,832.69 | |||
| Marxist–Leninist | Jean-Paul Bédard | 196 | 0.33 | – | – | |||
| Total valid votes/Expense limit | 58,947 | 100.0 | $269,923.91 | |||||
| Total rejected ballots | 1,175 | – | – | |||||
| Turnout | 60,122 | – | – | |||||
| Eligible voters | 92,086 | |||||||
| Source:Elections Canada[24][25] | ||||||||
| 30th Canadian Ministry (2025-present) – Cabinet ofMark Carney | ||
| Cabinet posts (2) | ||
|---|---|---|
| Predecessor | Office | Successor |
| Élisabeth Brière | Minister of National Revenue 2025–present | Incumbent |
| Dominic LeBlanc | Minister of Finance 2025–present | Incumbent |
| 29th Canadian Ministry (2015-2025) – Cabinet ofJustin Trudeau | ||
| Cabinet posts (4) | ||
| Predecessor | Office | Successor |
| Navdeep Bains | Minister of Innovation, Science and Industry 2021–2025 | Anita Anand |
| Chrystia Freeland | Minister of Foreign Affairs 2019–2021 | Marc Garneau |
| Amarjeet Sohi | Minister of Infrastructure and Communities 2018–2019 | Catherine McKenna |
| Chrystia Freeland | Minister of International Trade 2017–2018 | Jim Carr |
Finance ministers of theG20 | |
|---|---|
