Minister of Finance (Canada)

The minister of finance (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.

Chrystia Freeland is the 40th and current finance minister, assuming the role in August 2020 following the resignation of Bill Morneau. She concurrently is the deputy prime minister of Canada.

Because of the prominence and responsibility of this cabinet position, it is not uncommon for former ministers of finance to later become prime minister. Charles Tupper, R. B. Bennett, John Turner, Jean Chrétien, and Paul Martin all became prime minister after previously serving as minister of finance.

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:

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