The Department of Finance Canada () is a central agency of the

Government of Canada The Government of Canada (), formally His Majesty's Government (), is the body responsible for the federation, federal administration of Canada. The term ''Government of Canada'' refers specifically to the executive, which includes Minister of t ...

. 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 Annual may refer to: *Annual publication, periodical publications appearing regularly once per year **Yearbook **Literary annual *Annual plant *Annual report *Annual giving *Annual, Morocco, a settlement in northeastern Morocco *Annuals (band), a ...

. The department is responsible to

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through the minister of finance (

François-Philippe Champagne François-Philippe Champagne (; born June 25, 1970) is a Canadian politician who has been Minister of Finance (Canada), Minister of Finance since March 14, 2025. A member of the Liberal Party of Canada, Liberal Party, Champagne was elected to the ...

since March 2025). The day-to-day operations of the department are directed by the deputy minister of finance (a

public servant The civil service is a collective term for a sector of government composed mainly of career civil service personnel hired rather than elected, whose institutional tenure typically survives transitions of political leadership. A civil service offic ...

). Chris Forbes was appointed Deputy Minister of Finance on September 11, 2023. The department is headquartered in the James Michael Flaherty Building in downtown

Ottawa Ottawa is the capital city of Canada. It is located in the southern Ontario, southern portion of the province of Ontario, at the confluence of the Ottawa River and the Rideau River. Ottawa borders Gatineau, Gatineau, Quebec, and forms the cor ...

at the corner of Elgin and Albert.

Branches and sub-agencies

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: *

Bank of Canada The Bank of Canada (BoC; ) is a Crown corporations of Canada, Crown corporation and Canada's central bank. Chartered in 1934 under the ''Bank of Canada Act'', it is responsible for formulating Canada's monetary policy,OECD. OECD Economic Surve ...

* CPP Investment Board *

Office of the Superintendent of Financial Institutions The Office of the Superintendent of Financial Institutions (OSFI; , BSIF) is an independent agency of the Government of Canada reporting to the Minister of Finance created "to contribute to public confidence in the Canadian financial system". ...

Financial Consumer Agency of Canada The Financial Consumer Agency of Canada (, FCAC) is an agency of the Government of Canada that enforces consumer protection legislation, regulations and industry commitments by federally regulated financial entities. It also provides programs an ...

* Financial Transactions and Reports Analysis Centre of Canada *

Canada Deposit Insurance Corporation The Canada Deposit Insurance Corporation (CDIC; ) is a Canadian federal Crown Corporation created by Parliament in 1967 to provide deposit insurance to depositors in Canadian commercial banks and savings institutions. CDIC insures Canadians' de ...

* Canada Development Investment Corporation *

Royal Canadian Mint The Royal Canadian Mint () is the mint of Canada and a Crown corporation, operating under an act of parliament referred to as the ''Royal Canadian Mint Act''. The shares of the mint are held in trust for the Crown in right of Canada. The mi ...

Related legislation

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

External links

Department of Finance Canada
{{DEFAULTSORT:Department Of Finance Canada Federal departments and agencies of Canada

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

Ministries established in 1867 1867 establishments in Canada