Minister of Finance (Canada)

Minister Of Finance (Canada)

The Minister of Finance (French: Ministre des Finances) is the Minister of the Crown in the Canadian Cabinet who is responsible each year for presenting the federal government's budget. It is one of the most important positions in the Cabinet, and the Finance Minister must deal with all the other departments and plays an important role in deciding the funding levels for each.

Because of the prominence and responsibility on this cabinet position, it is not uncommon for former Finance Ministers to be elected Prime Minister. Paul Martin (Prime Minister of Canada prior to Stephen Harper) was the fifth Prime Minister who was previously a finance minister; the others were Sir Charles Tupper, R.B. Bennett, John Turner, and Jean Chrétien.

The current Minister of Finance is Jim Flaherty.

Read more about Minister Of Finance (Canada):  Responsibilities, Ministers

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