Finance Minister François-Philippe Champagne said on Tuesday that Ottawa does not plan to pay the $1-billion US price tag for a permanent seat on U.S. President Donald Trump's Board of Peace that will oversee the governance and reconstruction of Gaza. A draft of the board's invitation letter calls for countries to pay $1 billion US for a permanent seat on the board. We're still early days [into] that what's going to be the terms of reference of that board, how it's going to operate, Champagne said. WATCH | Trump pitches 'Board of Peace' to world leaders:Début du widget . Trump invites Carney and others to join ‘Board of Peace’ for GazaPrime Minister Mark Carney has accepted U.S. President Donald Trump’s invitation to join his Board of Peace proposal, but said his officials have not gone through all the details of the structure.

Source: CBC News January 20, 2026 15:50 UTC