Minister of Finance (Canada)

Minister of Finance
Ministre des Finances
Incumbent François-Philippe Champagne since March 14, 2025
Department of Finance
Style	The Honourable
Member of	Parliament Privy Council Cabinet Treasury Board
Reports to	Parliament Prime Minister
Appointer	Monarch (represented by the governor general) on the advice of the prime minister
Term length	At His Majesty's pleasure
Inaugural holder	Alexander Galt
Formation	July 1, 1867
Salary	CA$299,900 (2024)
Website	fin.canada.ca

Politics of Canada


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The minister of finance (French: 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.

François-Philippe Champagne is the 42nd and current finance minister, assuming the role March 14, 2025 as a member of the new 30th Canadian Ministry of Mark Carney.