The minister of finance (French: ministre des Finances) 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.
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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 "Governor" voter)
Serving as a permanent member of the Treasury Board of Canada
List of ministers
Key:
Associate Minister of Finance
The associate minister of finance (French: ministre associé des finances) 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.