Francois-Phillipe Champagne will be named as Canada’s new finance minister when Mark Carney takes over as prime minister on Friday, according to people familiar with the matter.
Champagne served in several cabinet roles under Prime Minister Justin Trudeau, including foreign affairs, trade, and most recently as industry minister, where he was responsible for foreign investment files, including the government’s use of subsidies to try to attract automakers to build new plants.
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