This week, the Government of Canada successfully priced its sixth issuance of a Canadian-dollar-denominated green bond, raising $2 billion in a new 10-year offering. This issuance saw robust demand from environmentally and socially responsible investors who represented a majority of buyers (59 per cent). The final order book stood at over $3.4 billion. The full release is available online. Contact mediare@fin.gc.ca.
The Government of Canada launched its sixth issuance of Canadian-dollar-denominated green bonds this week, subject to market conditions. For this issuance, the government plans to issue a new 10-year green bond. This follows the October 2025 issuance of a new $1 billion 30-year bond and the $1.5 billion re-opening of the seven-year bond that was … Read more
The Department of Finance Canada announced the automobile income tax deduction limits and expense benefit rates that will apply in 2026. The following changes to limits and rates took effect as of Jan. 1, 2026: The ceiling for capital cost allowances (CCA) for Class 10.1 passenger vehicles will increase from $38,000 to $39,000, before tax, in … Read more
Budget 2025 will provide $77.0 million over four years, starting in 2026-27, with ongoing funding of $19.2 million annually, for the Canada Revenue Agency to lift the moratorium on the penalties for failure to report fees for service transactions in the trucking industry and to implement a focused program that addresses non-compliance issues related to personal … Read more
The Government of Canada launched its fifth issuance of Canadian-dollar-denominated green bonds this week, subject to market conditions. For this issuance, the government plans to issue a new 30-year green bond accompanied by a re-opening of the seven-year bond that was issued in February 2025, which saw robust demand and a final order book of over $3.1 … Read more
The third G20 Finance Ministers and Central Bank Governors Meeting, held July 17-18, in Durban, South Africa, focused on strengthening global economic resilience amid ongoing uncertainties such as geopolitical tensions, high debt levels, and climate-related risks. Ministers emphasized the importance of growth-oriented, sustainable macroeconomic policies, maintaining central bank independence, and promoting open and fair trade … Read more