Minister of Finance and National Revenue Francois Philippe Champagne speaks to the media, at the Liberal cabinet retreat, in Toronto, on Sept. 4, 2025. The Canadian Press/Chris Young
Canada’s ministers of finance and procurement have given officials in charge of most federal contracting 45 days to come up with a plan to review all existing and planned federal contracts to find ways to save money.
The directive made by Finance Minister François-Philippe Champagne and Public Works and Procurement Minister Joël Lightbound is the latest cost-savings directive from the federal cabinet as Prime Minister Mark Carney looks to cut government operating spending by 15 percent over the next three years.
