Latest news with #François-PhilippeChampagne

IOL News
6 days ago
- Business
- IOL News
Western Cape's economic growth bolstered by Canadian investment
Canada has signalled a strong commitment to boosting investment and deepening economic ties with the Western Cape. This follows a high-level meeting held in Cape Town between Canada's Minister of Finance, François-Philippe Champagne, and Western Cape MEC for Agriculture, Economic Development and Tourism, Ivan Meyer. 'The door is open to the Western Cape for Canada to boost investment,' was the key message emerging from the meeting, as both parties reaffirmed their commitment to strengthening trade, tourism, and bilateral investment between the province and the North American nation. Meyer highlighted the importance of the Western Cape's role in South Africa's trade with Canada. 'In 2023, South Africa's exports to Canada were valued at R8.28 billion,' he said. 'Citrus fruit, both fresh and dried, was the leading export category, accounting for R1.69 billion or 20.42% of the total export value.'

IOL News
7 days ago
- Business
- IOL News
Canada and Western Cape forge stronger economic ties to boost trade and tourism
Western Cape Minister Dr Ivan Meyer emphasises the province's commitment to strengthening trade and investment ties with Canada. Canada has signalled a strong commitment to boosting investment and deepening economic ties with the Western Cape. This follows a high-level meeting held in Cape Town between Canada's Minister of Finance, François-Philippe Champagne, and Western Cape Minister of Agriculture, Economic Development and Tourism, Dr Ivan Meyer. 'The door is open to the Western Cape for Canada to boost investment,' was the key message emerging from the meeting, as both parties reaffirmed their commitment to strengthening trade, tourism, and bilateral investment between the province and the North American nation. Minister Ivan Meyer highlighted the importance of the Western Cape's role in South Africa's trade with Canada. 'In 2023, South Africa's exports to Canada were valued at R8.28 billion,' he said. 'Citrus fruit, both fresh and dried, was the leading export category, accounting for R1.69 billion or 20.42% of the total export value.'


Global News
14-07-2025
- Business
- Global News
Feds seek Canadians' input on fall budget with public consultations
See more sharing options Send this page to someone via email Share this item on Twitter Share this item via WhatsApp Share this item on Facebook Finance Minister François-Philippe Champagne is looking for feedback from Canadians on national security and defence spending and fortifying the Canadian economy amid an ongoing trade war as he prepares to deliver a federal budget in the fall. Champagne launched consultations for that budget Monday that will run through the end of August. The government says the consultations will focus on bringing costs down for Canadians. 1:03 Carney says Canada poised to lead on global stage, confirms plans for a fall a budget Prime Minister Mark Carney has been renewing his campaign message of spending less and investing more in recent weeks. Story continues below advertisement Last week Champagne sent letters to ministers asking most to cut program spending at their departments by 7.5 per cent in starting next spring, ramping up to 15 per cent in three years. The federal budget is usually tabled in the spring but is coming later than usual this year, prompting some concerns from fiscal critics about the pace of spending and the size of the deficit.


Winnipeg Free Press
14-07-2025
- Business
- Winnipeg Free Press
Ottawa is asking Canadians what they want to see in the fall budget
OTTAWA – Finance Minister François-Philippe Champagne is looking for feedback from Canadians on national security and defence spending and fortifying the Canadian economy amid an ongoing trade war as he prepares to deliver a federal budget in the fall. Champagne launched consultations for that budget today that will run through the end of August. The government says the consultations will focus on bringing costs down for Canadians. Prime Minister Mark Carney has been renewing his campaign message of spending less and investing more in recent weeks. Last week Champagne sent letters to ministers asking most to cut program spending at their departments by 7.5 per cent in starting next spring, ramping up to 15 per cent in three years. Monday Mornings The latest local business news and a lookahead to the coming week. The federal budget is usually tabled in the spring but is coming later than usual this year, prompting some concerns from fiscal critics about the pace of spending and the size of the deficit. This report by The Canadian Press was first published July 14, 2025.


Toronto Star
14-07-2025
- Business
- Toronto Star
How TikTok leverages arts partnerships to counter Canadian government actions
Advocacy campaigns aimed at swaying legislators and regulators are nothing new. Companies have long used their influence to protect their interests. But TikTok's recent efforts in Canada add a clever twist to this well-worn playbook that may prove to be as culturally resonant as it is politically strategic. Last November, the federal government ordered TikTok to close its Canadian offices. The company, owned by China-based ByteDance, swiftly launched a legal challenge. At issue, according to officials like Industry Minister François-Philippe Champagne, were 'clear and legitimate national security concerns.' The government made a point of saying that Canadians could still access and use TikTok. It was the company's physical presence, its offices and employees, that was deemed the threat