Minister of Finance (Canada)

The minister of finance (Template:Langx) 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.

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:

  Liberal Party of Canada

  Historical conservative parties: Liberal-Conservative, Conservative (historical), Unionist, National Liberal and Conservative, Progressive Conservative

  Conservative Party of Canada

No.	Portrait	Name	Term of office		Political party	Ministry
style="background:Template:Canadian party colour;"| 1	File:Sir Alexander Galt (cropped).jpg	Alexander Galt	July 1, 1867	November 7, 1867	Liberal-Conservative	1 (Macdonald)
style="background:Template:Canadian party colour;"| 2	File:Sir John Rose.jpg	Sir John Rose	November 18, 1867	September 29, 1869	Liberal-Conservative
style="background:Template:Canadian party colour;"| 3	File:Sir Francis Hincks.jpg	Sir Francis Hincks	October 9, 1869	February 21, 1873	Liberal-Conservative
style="background:Template:Canadian party colour;"| 4	File:Samuel Leonard Tilley card.jpg	Samuel Leonard Tilley (1st time)	February 22, 1873	November 5, 1873	Liberal-Conservative
style="background:Template:Canadian party colour; color:white"| 5	File:Richard John Cartwright.jpg	Richard John Cartwright	November 7, 1873	October 16, 1878	Liberal	2 (Mackenzie)
style="background:Template:Canadian party colour;"| (4)	File:Samuel Leonard Tilley card.jpg	Sir Samuel Leonard Tilley (2nd time)	October 17, 1878	November 11, 1885	Liberal-Conservative	3 (Macdonald)
–		Vacant	November 11, 1885	December 10, 1885	—
style="background:Template:Canadian party colour;"| 6	File:Archibald Woodbury McLelan.jpg	Archibald McLelan	December 10, 1885	January 27, 1887	Conservative (historical)
style="background:Template:Canadian party colour;"| 7	File:Tupper Portrait.jpg	Sir Charles Tupper	January 27, 1887	May 22, 1888	Conservative (historical)
rowspan=4 style="background:Template:Canadian party colour;"| 8	File:George Eulas Foster.jpg	George Foster (1st time)	May 29, 1888	June 6, 1891	Conservative (historical)
June 16, 1891			November 24, 1892	4 (Abbott)
December 5, 1892			December 12, 1894	5 (Thompson)
December 21, 1894			January 6, 1896	6 (Bowell)
style="background:Template:Canadian party colour;"| –	File:SirMackenzieBowell.jpg	Mackenzie Bowell (Acting)	January 6, 1896		January 15, 1896	Conservative (historical)
rowspan=2 style="background:Template:Canadian party colour;"| (8)	File:George Eulas Foster.jpg	George Foster (2nd time)	January 15, 1896		April 27, 1896	Conservative (historical)
May 1, 1896			July 8, 1896	7 (Tupper)
–		Vacant	July 8, 1896	July 20, 1896	—	8 (Laurier)
style="background:Template:Canadian party colour; color:white"| 9	File:William Stevens Fielding, premier of Nova Scotia.jpg	William Stevens Fielding (1st time)	July 20, 1896	October 6, 1911	Liberal
style="background:Template:Canadian party colour;"| 10	File:Sir William Thomas White.jpg	Sir Thomas White	October 10, 1911	August 2, 1919	Conservative (historical)	9•10 (Borden)
rowspan=2 style="background:Template:Canadian party colour;"| 11	File:Henry Lumley Drayton.jpg	Sir Henry Drayton (1st time)	August 2, 1919	July 10, 1920	Conservative (historical)
July 10, 1920			December 29, 1921	11 (Meighen)
style="background:Template:Canadian party colour; color:white"| (9)	File:William Stevens Fielding, premier of Nova Scotia.jpg	William Stevens Fielding (2nd time)	December 29, 1921	September 5, 1925	Liberal	12 (King)
style="background:Template:Canadian party colour; color:white"| 12	File:James Alexander Robb.jpg	James Robb (1st time)	September 5, 1925	June 29, 1926	Liberal
style="background:Template:Canadian party colour;"| –	File:Henry Lumley Drayton.jpg	Sir Henry Drayton (2nd time; Acting)	June 29, 1926	July 13, 1926	Conservative (historical)	13 (Meighen)
style="background:Template:Canadian party colour;"| 13	File:Richard Bedford Bennett.jpg	Richard Bedford Bennett (1st time)	July 13, 1926	September 25, 1926	Conservative (historical)
style="background:Template:Canadian party colour; color:white"| (12)	File:James Alexander Robb.jpg	James Robb (2nd time)	September 25, 1926	November 11, 1929	Liberal	14 (King)
style="background:Template:Canadian party colour; color:white"| 14	File:People-Dunning.jpg	Charles Avery Dunning	November 26, 1929	August 7, 1930	Liberal
style="background:Template:Canadian party colour;"| (13)	File:Richard Bedford Bennett.jpg	Richard Bedford Bennett (2nd time)	August 7, 1930	February 2, 1932	Conservative (historical)	15 (Bennett)
style="background:Template:Canadian party colour;"| 15	File:Edgar Nelson Rhodes.jpg	Edgar Nelson Rhodes	February 3, 1932	October 24, 1935	Conservative (historical)
style="background:Template:Canadian party colour; color:white"| (14)	File:People-Dunning.jpg	Charles Avery Dunning (2nd time)	October 24, 1935	September 6, 1939	Liberal	16 (King)
style="background:Template:Canadian party colour; color:white"| 16	File:James Ralston3.png	James Ralston	September 6, 1939	July 4, 1940	Liberal
style="background:Template:Canadian party colour; color:white"| 17	File:James Lorimer Ilsley1.jpg	James Lorimer Ilsley	July 8, 1940	December 10, 1946	Liberal
rowspan=2 style="background:Template:Canadian party colour; color:white"| 18	File:Douglas Charles Abbott.jpg	Douglas Abbott	December 10, 1946	November 15, 1948	Liberal
November 15, 1948			June 30, 1954	17 (St. Laurent)
style="background:Template:Canadian party colour; color:white"| 19	File:Walter Edward Harris.jpg	Walter Harris	July 1, 1954		June 21, 1957	Liberal
style="background:Template:Canadian party colour;"| 20	File:Donald Fleming.jpg	Donald Fleming	June 21, 1957	August 9, 1962	Progressive Conservative	18 (Diefenbaker)
style="background:Template:Canadian party colour;"| 21	File:George Clyde Nowlan.jpg	George Nowlan	August 9, 1962	April 22, 1963	Progressive Conservative
style="background:Template:Canadian party colour; color:white"| 22	File:Walter L. Gordon sitting on the corner of a desk (F0563 fl0036 it0002) (cropped).jpg	Walter L. Gordon	April 22, 1963	November 11, 1965	Liberal	19 (Pearson)
style="background:Template:Canadian party colour; color:white"| 23	File:Mitchell Sharp 1962 Toronto Star (Restored) (cropped 3-4).jpg	Mitchell Sharp	November 11, 1965 (Acting until Dec.18)	April 20, 1968	Liberal
style="background:Template:Canadian party colour; color:white"| 24	File:Edgar John Benson.jpg	Edgar Benson	April 20, 1968	January 28, 1972	Liberal	20 (P. E. Trudeau)
style="background:Template:Canadian party colour; color:white"| 25	File:Finance Minister John Turner speaks to reporters 1975 (cropped).jpg	John Turner	January 28, 1972	September 10, 1975	Liberal
style="background:Template:Canadian party colour; color:white"| –	File:No image.svg	Charles Drury (Acting)	September 10, 1975	September 26, 1975	Liberal
style="background:Template:Canadian party colour; color:white"| 26	File:No image.svg	Donald Stovel Macdonald	September 26, 1975	September 16, 1977	Liberal
style="background:Template:Canadian party colour; color:white"| 27	File:Jean Chrétien1.jpg	Jean Chrétien	September 16, 1977	June 4, 1979	Liberal
style="background:Template:Canadian party colour;"| 28	File:Crosbie 1983-2 crop.jpg	John Crosbie	June 4, 1979	March 3, 1980	Progressive Conservative	21 (Clark)
style="background:Template:Canadian party colour; color:white"| 29	File:Allan MacEachen.jpg	Allan MacEachen	March 3, 1980	September 10, 1982	Liberal	22 (P. E. Trudeau)
rowspan=2 style="background:Template:Canadian party colour; color:white"| 30	File:No image.svg	Marc Lalonde	September 10, 1982	June 30, 1984	Liberal
June 30, 1984			September 17, 1984	23 (Turner)
style="background:Template:Canadian party colour;"| 31	File:Diplomat Michael Wilson.png	Michael Wilson	September 17, 1984	April 21, 1991	Progressive Conservative	24 (Mulroney)
style="background:Template:Canadian party colour;"| 32	File:No image.svg	Don Mazankowski	April 21, 1991	June 25, 1993	Progressive Conservative
style="background:Template:Canadian party colour;"| 33	File:No image.svg	Gilles Loiselle	June 25, 1993	November 4, 1993	Progressive Conservative	25 (Campbell)
style="background:Template:Canadian party colour; color:white"| 34	File:Paul Martin.jpg	Paul Martin	November 4, 1993	June 2, 2002	Liberal	26 (Chrétien)
style="background:Template:Canadian party colour; color:white"| 35	File:John Manley IMF.jpg	John Manley	June 2, 2002	December 12, 2003	Liberal
style="background:Template:Canadian party colour; color:white"| 36	File:Ralph Goodale free alternative.jpg	Ralph Goodale	December 12, 2003	February 6, 2006	Liberal	27 (Martin)
style="background:Template:Canadian party colour;"| 37	File:Jim Flaherty 2007.JPG	Jim Flaherty	February 6, 2006	March 18, 2014	Conservative	28 (Harper)
style="background:Template:Canadian party colour;"| 38	File:Joe Oliver.JPG	Joe Oliver	March 19, 2014	November 4, 2015	Conservative
style="background:Template:Canadian party colour; color:white"| 39	File:Bill Morneau 2015.jpg	Bill Morneau	November 4, 2015	August 17, 2020	Liberal	29 (J. Trudeau)
style="background:Template:Canadian party colour; color:white"| 40	File:Chrystia Freeland in Ukraine - 2017 (cropped).jpg	Chrystia Freeland	August 18, 2020	December 16, 2024	Liberal
style="background:Template:Canadian party colour; color:white"| 41	File:Dominic LeBlanc 2023-03-06.jpg	Dominic LeBlanc	December 16, 2024	March 14, 2025	Liberal
style="background:Template:Canadian party colour; color:white"| 42	File:François-Philippe Champagne - July 2024 - P064113-737690 (cropped).jpg	François-Philippe Champagne	March 14, 2025	Incumbent	Liberal	30 (M. Carney)

External links

• Department of Finance Canada Template:Webarchive