Department of Finance (Canada)

Department of Finance Canada
Ministère des Finances Canada
Department overview
Formed July 1, 1867
Type

Department responsible for

  • Economic and Fiscal Policy
  • Economic Development and Corporate Finance
  • Federal-Provincial Relations and Social Policy
  • Financial Sector Policy
  • International Trade and Finance
  • Tax Policy
  • Corporate Services
Jurisdiction Canada
Employees 1,000
Minister responsible
Website www.fin.gc.ca

Department of Finance Canada (French: Ministère des Finances Canada) operates under the Minister of Finance. Its purpose is to ensure a healthy Canadian economy by developing policies of sound economic management and providing expert advice to the government.[1]

The department is headquartered in the James Michael Flaherty building in downtown Ottawa at the corner of Elgin and Albert.

Branches and sub-agencies

The Department is divided into several branches:

  • Economic and 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 sub-agencies under the Department include:

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) Act
  • Income Tax Conventions Implementation Act
  • Payment Clearing and Settlement Act
  • Financial Administration Act
  • Special Import Measures Act

References

  1. "About Finance Canada". About Finance Canada. Finance Canada. Retrieved 12 May 2011.
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