Minister of Finance and National Revenue François-Philippe Champagne speaks in the foyer of the House of Commons on Parliament Hill in Ottawa, on March 26, 2026. Spencer Colby/The Canadian Press
Prime Minister Mark Carney says his finance minister has recused himself from the federal government’s high-speed rail corridor initiative and is following applicable ethics rules.
Finance Minister François-Philippe Champagne sent a letter to Carney in September 2025, advising him that he would not be able to take part in discussions regarding Ottawa’s plan to build the high-speed rail corridor between Toronto and Quebec City, due to his partner’s ties to the Crown corporation leading the project.
