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The Canadian federal government announced in 2023-24, $94.6 billion to transfer to the provinces and territories through major transfers (Canada Health Transfer, Canada Social Transfer, Equalization and Territorial Formula Financing), direct targeted support and trust funds), a $7 billion increase from the previous year, 2022-23. [2]
The Canada–European Free Trade Association Free Trade Agreement is a trade agreement between Canada and the member states of the European Free Trade Association (Iceland, Norway, Switzerland and Liechtenstein). Signed in Davos, Switzerland on January 26, 2008, it came into effect on July 1, 2009. The agreement is aimed at eliminating all ...
The European Commission projected the treaty would lead to savings of just over half a billion euros in taxes for EU exporters every year, mutual recognition in regulated professions such as architects, accountants and engineers, and easier transfers of company staff and other professionals between the EU and Canada. The European Commission ...
A mechanism for the Canadian federal government to provide funds through transfer payments to the provinces has existed since Canadian Confederation, and was first enshrined in the Constitution Act, 1867 Section 119 as a mechanism for the new federal government to provide further grants to the province of New Brunswick.
The Parliament of Canada is the legislative body of the government of Canada. The Parliament is composed of the House of Commons (lower house), the Senate (upper house), and the sovereign, represented by the governor general. Most major legislation originates from the House, as it is the only body that is directly elected.
The Canada Social Transfer (CST) (French: Transfert canadien en matière de programmes sociaux) is the Canadian government's transfer payment program in support of post-secondary education, social assistance, and social services, including early childhood development and early learning and childcare.
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Canada's relations with the European Union has been referred to by the 27 member-bloc as one of the European Union's "global strategic partners" and a "trusted partner for Europe." [ 2 ] [ 3 ] Two overseas territories of EU members ( Greenland and Saint Pierre and Miquelon ) lie adjacent to Canadian territorial waters, as well as a land border ...