Finance Canada oversees the development of tax law and other measures, including legislation governing banks and other federal financial institutions, and payments to provinces such as equalization, all of which the Minister of Finance is responsible for.

The Department is therefore involved in preparing many bills that come before Parliament. In an average year a quarter of all the legislation going to Parliament is sponsored by the Minister of Finance. In some years Finance’s share is even greater. The Department releases draft legislation for consultation. Also available here is information on current Finance legislation. As well, there are links to Finance legislation from the previous session of Parliament.