Function

Department of Finance Canada operates under the Minister of Finance

Minister of Finance (Canada)

The Minister of Finance is the Minister of the Crown in the Canadian Cabinet who is responsible each year for presenting the federal government's budget...

. Its purpose is to ensure a healthy Canadian economy

Economy of Canada

Canada has the tenth largest economy in the world , is one of the world's wealthiest nations, and is a member of the Organization for Economic Co-operation and Development and Group of Eight . As with other developed nations, the Canadian economy is dominated by the service industry, which employs...

 by developing polices of sound economic management and providing expert advice to the government

Government of Canada

The Government of Canada, formally Her Majesty's Government, is the system whereby the federation of Canada is administered by a common authority; in Canadian English, the term can mean either the collective set of institutions or specifically the Queen-in-Council...

.

The department is headquartered in the Esplanade Laurier

Esplanade Laurier

L'Esplanade Laurier is an office complex in downtown Ottawa, Canada. It consists of two 23-story towers, a three story underground parking garage and a podium containing a two-story shopping mall. The entire structure is clad in white carrara marble, making it clearly stand out of from the other...

 building in downtown Ottawa

Ottawa

Ottawa is the capital of Canada, the second largest city in the Province of Ontario, and the fourth largest city in the country. The city is located on the south bank of the Ottawa River in the eastern portion of Southern Ontario...

at the corner of O'Connor and Laurier.

Branches

The department is divided into several branches:

• Economic and Fiscal Policy Branch
• Economic Development and Corporate Finance Branch

• Federal-Provincial Relations and Social Policy Branch
• Financial Sector Policy Branch
• International Trade and Finance Branch
• Tax Policy Branch
• Law Branch
• Corporate Services Branch
• Consultations and Communications Branch

Related legislation

Acts and legislations under the Department:

• Income Tax Act
• Federal-Provincial Fiscal Arrangements Act
• Customs Act
• Customs Tariff Act
• Excise Act
• Excise Tax Act
• Proceeds of Crime (Money Laundering) Act
• Income Tax Conventions Implementation Act
• Payment Clearing and Settlement Act
• Financial Administration Act
• Special Import Measures Act