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Minister of Finance (Canada)

From Wikipedia, the free encyclopedia

Minister of Finance of Canada
Government of Canada signature.svg
Incumbent
Bill Morneau

since November 4, 2015
Department of Finance
StyleThe Honourable
Member of
AppointerGovernor General of Canada
Term lengthAt Her Majesty's pleasure
Inaugural holderAlexander Galt
FormationJuly 1, 1867
Salary$255,300 (2017)[1]
Websitewww.fin.gc.ca
St Edward's Crown with maple leaves.svg
This article is part of a series on the
politics and government of
Canada
Government
Can-vote-stub.svg
Canadian politics portal

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.

Because of the prominence and responsibility of this cabinet position, it is not uncommon for former Ministers of Finance to be appointed Prime Minister. Charles Tupper, R. B. Bennett, John Turner, Jean Chrétien, and Paul Martin all became Prime Minister after previously serving as Minister of Finance.

Responsibilities

In addition to being the head of the Department of Finance, the Minister is also the government’s lead in overseeing the:

List of Ministers

Key:

No. Portrait Name Term of office Political party Ministry
1
Sir Alexander Galt.jpg
Alexander Galt July 1, 1867 November 7, 1867 Liberal-Conservative 1 (Macdonald)
2
Sir John Rose.jpg
Sir John Rose November 18, 1867 September 29, 1869 Liberal-Conservative
3
Sir Francis Hincks.jpg
Sir Francis Hincks October 9, 1869 February 21, 1873 Liberal-Conservative
4
Samuel Leonard Tilley 1864.jpg
Samuel Leonard Tilley
(1st time)
February 22, 1873 November 5, 1873 Liberal-Conservative
5
Richard John Cartwright.jpg
Richard John Cartwright November 7, 1873 October 16, 1878 Liberal 2 (Mackenzie)
(4)
Samuel Leonard Tilley 1864.jpg
Sir Samuel Leonard Tilley
(2nd time)
October 17, 1878 November 11, 1885 Liberal-Conservative 3 (Macdonald)
VACANT November 11, 1885 December 10, 1885
6
Archibald Woodbury McLelan.jpg
Archibald McLelan December 10, 1885 January 27, 1887 Conservative (historical)
7
Tupper Portrait.jpg
Sir Charles Tupper January 27, 1887 May 22, 1888 Conservative (historical)
8
George Eulas Foster.jpg
George Foster
(1st time)
May 29, 1888 June 6, 1891 Conservative (historical)
June 16, 1891 November 24, 1892 4 (Abbott)
December 5, 1892 December 12, 1894 5 (Thompson)
December 21, 1894 January 6, 1896 6 (Bowell)
SirMackenzieBowell.jpg
Mackenzie Bowell
(Acting)
January 6, 1896 January 15, 1896 Conservative (historical)
(8)
George Eulas Foster.jpg
George Foster
(2nd time)
January 15, 1896 April 27, 1896 Conservative (historical)
May 1, 1896 July 8, 1896 7 (Tupper)
VACANT July 8, 1896 July 20, 1896 8 (Laurier)
9
William Stevens Fielding, premier of Nova Scotia.jpg
William Stevens Fielding
(1st time)
July 20, 1896 October 6, 1911 Liberal
10
Sir William Thomas White.jpg
Sir Thomas White October 10, 1911 August 2, 1919 Conservative (historical) 910 (Borden)
11
Henry Lumley Drayton.jpg
Sir Henry Drayton
(1st time)
August 2, 1919 July 10, 1920 Conservative (historical)
July 10, 1920 December 29, 1921 11 (Meighen)
(9)
William Stevens Fielding, premier of Nova Scotia.jpg
William Stevens Fielding
(2nd time)
December 29, 1921 September 5, 1925 Liberal 12 (King)
12
James Alexander Robb.jpg
James Robb
(1st time)
September 5, 1925 June 29, 1926 Liberal
Henry Lumley Drayton.jpg
Sir Henry Drayton
(2nd time; Acting)
June 29, 1926 July 13, 1926 Conservative (historical) 13 (Meighen)
13
Richard Bedford Bennett.jpg
Richard Bedford Bennett
(1st time)
July 13, 1926 September 25, 1926 Conservative (historical)
(12)
James Alexander Robb.jpg
James Robb
(2nd time)
September 25, 1926 November 11, 1929 Liberal 14 (King)
14
People-Dunning.jpg
Charles Avery Dunning November 26, 1929 August 7, 1930 Liberal
(13)
Richard Bedford Bennett.jpg
Richard Bedford Bennett
(2nd time)
August 7, 1930 February 2, 1932 Conservative (historical) 15 (Bennett)
15
Edgar Nelson Rhodes.jpg
Edgar Nelson Rhodes February 3, 1932 October 24, 1935 Conservative (historical)
(14)
People-Dunning.jpg
Charles Avery Dunning
(2nd time)
October 24, 1935 September 6, 1939 Liberal 16 (King)
16
James Ralston3.png
James Ralston September 6, 1939 July 4, 1940 Liberal
17
James Lorimer Ilsley1.jpg
James Lorimer Ilsley July 8, 1940 December 10, 1946 Liberal
18
Douglas Charles Abbott.jpg
Douglas Abbott December 10, 1946 November 15, 1948 Liberal
November 15, 1948 June 30, 1954 17 (St. Laurent)
19
Walter Edward Harris.jpg
Walter Harris July 1, 1954 June 21, 1957 Liberal
20
Donald Fleming.jpg
Donald Fleming June 21, 1957 August 9, 1962 Progressive Conservative 18 (Diefenbaker)
21
George Clyde Nowlan.jpg
George Nowlan August 9, 1962 April 22, 1963 Progressive Conservative
22
No image.svg
Walter L. Gordon April 22, 1963 November 11, 1965 Liberal 19 (Pearson)
23
No image.svg
Mitchell Sharp November 11, 1965
(Acting until Dec.18)
April 20, 1968 Liberal
24
No image.svg
Edgar Benson April 20, 1968 January 28, 1972 Liberal 20 (P. E. Trudeau)
25
John Turner by Gage Skidmore.jpg
John Turner January 28, 1972 September 10, 1975 Liberal
No image.svg
Bud Drury
(Acting)
September 10, 1975 September 26, 1975 Liberal
26
No image.svg
Donald Stovel Macdonald September 26, 1975 September 16, 1977 Liberal
27
Jean Chrétien1.jpg
Jean Chrétien September 16, 1977 June 4, 1979 Liberal
28
Crosbie 1983-2 crop.jpg
John Crosbie June 4, 1979 March 3, 1980 Progressive Conservative 21 (Clark)
29
Allan MacEachen.jpg
Allan MacEachen March 3, 1980 September 10, 1982 Liberal 22 (P. E. Trudeau)
30
No image.svg
Marc Lalonde September 10, 1982 June 30, 1984 Liberal
June 30, 1984 September 17, 1984 23 (Turner)
31
Diplomat Michael Wilson.png
Michael Wilson September 17, 1984 April 21, 1991 Progressive Conservative 24 (Mulroney)
32
No image.svg
Don Mazankowski April 21, 1991 June 25, 1993 Progressive Conservative
33
No image.svg
Gilles Loiselle June 25, 1993 November 4, 1993 Progressive Conservative 25 (Campbell)
34
Paul Martin.jpg
Paul Martin November 4, 1993 June 2, 2002 Liberal 26 (Chrétien)
35
John Manley IMF.jpg
John Manley June 2, 2002 December 12, 2003 Liberal
36
Ralph Goodale free alternative.jpg
Ralph Goodale December 12, 2003 February 6, 2006 Liberal 27 (Martin)
37
Jim Flaherty 2007.JPG
Jim Flaherty February 6, 2006 March 18, 2014 Conservative 28 (Harper)
38
Joe Oliver.JPG
Joe Oliver March 19, 2014 November 4, 2015 Conservative
39
Bill Morneau 2015.jpg
Bill Morneau November 4, 2015 Incumbent Liberal 29 (J. Trudeau)

See also

References

  1. ^ "Indemnities, Salaries and Allowances". Parliament of Canada.

External links

This page was last edited on 4 June 2019, at 22:01
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