Minister of Finance (Canada)

Minister of Finance
Ministre des Finances
Incumbent Chrystia Freeland since August 18, 2020[1]
Department of Finance
Style	The Honourable
Member of	Parliament Privy Council Cabinet Treasury Board [2]
Reports to	Parliament Prime Minister [3]
Appointer	Monarch (represented by the governor general) on the advice of the prime minister
Term length	At His Majesty's pleasure
Inaugural holder	Alexander Galt
Formation	July 1, 1867
Salary	CA$269,800 (2019)[4]
Website	fin.canada.ca

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The minister of finance (French: ministre des Finances) is the minister of the Crown in the Canadian Cabinet, who is responsible for overseeing the Department of Finance and presenting the federal government's budget each year. It is one of the most important positions in the Cabinet.

Chrystia Freeland is the 40th and current finance minister, assuming the role in August 2020 following the resignation of Bill Morneau.^[5] She concurrently is the deputy prime minister of Canada.

Because of the prominence and responsibility of this cabinet position, it is not uncommon for former ministers of finance to later become 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.