Carney Says Finance Minister Compliant With Ethics Rules Following Recusal From High-Speed Rail Project

Carney Says Finance Minister Compliant With Ethics Rules Following Recusal From High-Speed Rail Project
Minister of Finance and National Revenue François-Philippe Champagne speaks in the foyer of the House of Commons on Parliament Hill in Ottawa, on March 26, 2026. Spencer Colby/The Canadian Press
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Prime Minister Mark Carney says his finance minister has recused himself from the federal government’s high-speed rail corridor initiative and is following applicable ethics rules.

Finance Minister François-Philippe Champagne sent a letter to Carney in September 2025, advising him that he would not be able to take part in discussions regarding Ottawa’s plan to build the high-speed rail corridor between Toronto and Quebec City, due to his partner’s ties to the Crown corporation leading the project.