Minister of Finance (Canada)
The minister of finance 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.
François-Philippe Champagne is the 42nd and current finance minister, assuming the role March 14, 2025 as a member of the new 30th Canadian Ministry of Mark Carney.
Responsibilities
In addition to being the head of the Department of Finance, the minister of finance is also the minister responsible for:- Bank of Canada
- Canada Deposit Insurance Corporation
- Canada Development Investment Corporation
- Canada Pension Plan Investment Board
- Canadian International Trade Tribunal
- Office of the Superintendent of Financial Institutions
- Financial Transactions and Reports Analysis Centre of Canada
- Mission to the International Monetary Fund
- Serving as a permanent member of the Treasury Board of Canada
List of ministers
Associate Minister of Finance
The associate minister of finance was a member of the Canadian Cabinet who is responsible for various files within the Department of Finance Canada as assigned by the minister of finance.This portfolio was introduced in the 29th Canadian ministry under Prime Minister Justin Trudeau.