Minister of Finance Francois-Philippe Champagne poses outside the ministry’s offices, in Montreal, on Dec. 19, 2025. The Canadian Press/Christinne Muschi
Finance Minister François-Philippe Champagne says Canada doesn’t intend to pay $1 billion to join the “Board of Peace,” an entity established by U.S. President Donald Trump to oversee the stabilization and reconstruction of the Gaza Strip.
“There’s a lot of details to be worked out, but one thing which is clear is that Canada is not going to pay if we were to join the Board,” Champagne told reporters while attending the World Economic Forum (WEF) annual meeting in Davos on Jan. 20.
