Francois-Philippe Champagne

Rule Changes

Co-chaired the dialogue; cited bond sale as progress

Canada and China had no working channel between their financial regulators for more than seven years. On November 9, in Vancouver, they signed three.

Updated 6 hours ago

Rule Changes

Minister

Canada's central bank will keep aiming for 2% inflation for another five years. On Nov. 5, the Bank of Canada and the federal government renewed the monetary policy framework, holding the target at the midpoint of a 1% to 3% range through the end of 2031.

Updated 2 days ago

Money Moves

Announced November 30 signing of DSRB articles

Britain will not join the Canada-led Defence, Security and Resilience Bank (DSRB), ending talks to merge the two countries' defence financing efforts. Reuters reported the sides could not agree on the bank's headquarters, the level of joint procurement, lending to members, or rules for new members.

Updated Oct 29