This is Queen Street Analytics' weekly digest of regulatory developments, legislative discussions and other government-related news for professionals in the financial industry, banking, credit unions, insurance, payment processing, fintech, credit card issuing, asset management, venture capital, private equity, and crypto-currencies. Once a week, we break down the most important updates in this space in under five minutes.

Want to track other GR news in adjacent industries? Don’t miss this week’s updates in ICT & Cybersecurity. Also consider subscribing to our Finance - Washington edition covering critical GR news south of the border.

Dates: 2026-04-05 to 2026-04-11

📋 In This Week's Newsletter

• 🏛️ This Week's Parliamentary Calendar
• 🇨🇦 Federal Government News
• 🗺️ Provincial Government News
• 📚 What We're Reading This Week

This Week's Parliamentary Calendar

• Finance Committee to Study Household Debt in Canada: On April 13, the House of Commons Finance Committee will hold hearings on household debt in Canada from 3:30 p.m. to 5:30 p.m., with testimony from the Financial Consumer Agency of Canada, the Office of the Superintendent of Bankruptcy, Statistics Canada, and industry representatives.
• Finance Committee to Review Canada Pension Plan Investments: Scheduled for April 16 from 8:15 a.m. to 10:15 a.m., the House of Commons Finance Committee will examine Canada Pension Plan investments, featuring witnesses from the Canadian Pension Plan Investment Board.
• Transport, Infrastructure and Communities Committee Examines Canada Infrastructure Bank Loan: The committee will hold a televised hearing on April 15, 4:30 p.m. to 6:30 p.m., focusing on the Canada Infrastructure Bank’s loan to the Mersey River wind project, with appearances from the Minister of Housing and Infrastructure, project sponsors, and Slate Asset Management.
• Senate Committee to Assess Credit Access for SMEs: On April 15 at 4:15 p.m., the Senate Committee on Banking, Commerce and the Economy will examine access to credit and capital markets for small- and medium-sized enterprises, with Desjardins Group and Canadian Credit Union Association scheduled to present.
• Senate Finance Committee Reviews Main Estimates with CRA and Department of Finance: The Senate National Finance Committee meets April 15, 6:45 p.m. to 7:45 p.m., to review Main Estimates for fiscal 2026-27, with witnesses from the Canada Revenue Agency and Department of Finance.
• Senate Banking Committee Continues SME Credit Access Study: On April 16 starting at 10:30 a.m., the Senate Banking Committee will continue its study of credit and capital access for SMEs, with testimony from Private Debt Partners, FirePower Capital, Timia Capital, and several technology companies.

Federal Government News

Canada Growth Fund Invests US$82 Million in Nouveau Monde Graphite

On April 9, Minister François-Philippe Champagne announced that the Canada Growth Fund has committed approximately US$82 million (C$113 million) to Quebec-based Nouveau Monde Graphite, as part of a US$297 million (C$411 million) financing package involving Eni S.p.A., Investissement Québec, and public equity financing. The funds will support construction of NMG’s Matawinie Mine at Saint-Michel-des-Saints and further development of its Bécancour refining facility. The Matawinie Mine is expected to become one of the largest graphite operations in North America, positioning NMG as a strategic supplier to the North American graphite supply chain. The investment allows Canada to sustain control over intellectual property and technology related to natural graphite processing, a critical component for the electric vehicle supply chain. This transaction follows a C$35.6 million investment by the Canada Growth Fund in NMG in December 2024, which contributed to the creation of 120 full-time positions with projections of an additional 180 jobs by 2030. The announced investment expands Canada’s role in critical minerals, reinforcing domestic supply chains and attracting foreign direct investment.

Sources: www.canada.ca

Minister Champagne Convenes Federal-Provincial-Territorial Finance Ministers

On April 10, Minister François-Philippe Champagne, Department of Finance Canada, hosted a meeting with provincial and territorial finance ministers. The session addressed fiscal coordination and intergovernmental financial partnerships, with readout issued through the Department of Finance. Details regarding financial arrangements or new initiatives stemming from the discussions remain pending. The meeting supports ongoing reassessment of common fiscal challenges and approaches among Canadian jurisdictions.

Sources: www.canada.ca

Statistics Canada Publishes March 2026 Economic News

On April 9, Statistics Canada released the March 2026 issue of Canadian Economic News, providing comprehensive updates on key national economic indicators. The report offers data relevant to output, labour, and price movements, reflecting trends over the month. Industry participants can reference the publication for the latest available macroeconomic conditions as compiled by the national statistical agency.

Sources: www.statcan.gc.ca

Provincial Government News

Quebec Regulations Enable Diversification of Municipal Investments

On April 10, Minister Geneviève Guilbault announced draft regulations that will enable the cities of Quebec and Montreal to diversify their municipal investment portfolios, following passage of Bill No. 104.

Sources: www.quebec.ca

What We're Reading This Week

• What money habits can I adopt to save and pay off debt?: The Toronto Star examines overlooked strategies for household budgeting and debt reduction.
• News of the day: Keyera probe, mortgage renewals, Air Canada customer claims, AI warnings, disability benefits and more: The Financial Post covers a range of current business headlines, including mortgage renewals and regulatory investigations.

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