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The government will establish the Public Transit Fund that would start at $250 million in 2017–18 and grow to $1 billion a year by 2019–20. The government states municipalities could borrow from this fund. Previously, the federal government had provided 1 ⁄ 3 of the capital funding for infrastructure projects. [10]
Sources: Statistics Canada, Table 36-10-0580-01 National Balance Sheet Accounts for 1990 to 2022, "Federal general government" and "Other levels of general government", "Debt securities" liabilities (book value) for the fourth quarter; and Table 36-10-0534-01 National balance sheet, provincial and local governments, annual, 1961-2011 and Table ...
Budgets are a confidence measure, and if the House votes against it the government can fall, as happened to Prime Minister Joe Clark's government in 1980. The governing party strictly enforces party discipline, usually expelling from the party caucus any government Member of Parliament (MP) who votes against the budget. Opposition parties ...
The UN World Bank cites the IMF as the source for their data on Current Account Balance, and so is not included separately on this page. The second list includes only countries for which the CIA World Factbook lists 2015 estimates for both Current Account Balance and GDP.
Rank Name Level of government Total expenditure Per-capita expenditure Fiscal year Source 1 Canada: Federal 338,500,000,000 2018-19 [1]2 Ontario: Provincial
The COVID-19 pandemic had forced the Justin Trudeau government to introduce a large number of federal aid programs to deal with the economic impact of the crisis. As a result, Canada's debt-to-GDP ratio increased in 2020 and 2021. [4] In March 2022, the New Democratic Party agreed to a confidence and supply deal with Justin Trudeau's Liberal ...
In 2012, the government of Canada launched a plan to move all federal government sites to a single domain, "canada.ca". [1] However, much of the plan was abandoned in 2017, with only a handful of departments and agencies such as the Canada Revenue Agency relocating; most government sites will remain under their domains for the foreseeable ...
The Canadian federal budget for fiscal year 2012–13 was presented to the House of Commons of Canada by Finance Minister Jim Flaherty on 29 March 2012. Among the most notable elements of the federal budget were changes to Old Age Security and a reduction of the budget for the Canadian Forces and the Canadian Broadcasting Corporation.