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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]
Canada and the United States are each other's largest trading partners. President Donald Trump and Canadian Prime Minister Justin Trudeau pose for a photo as Trudeau arrives at the White House in ...
On February 27, 2018, the Government of Canada announced in their 2018 Federal Budget that there are plans to make all withdrawn banknotes no longer legal tender. If passed into law, these notes will still retain face value and may still be redeemed at banks in exchange for current banknotes. [ 9 ]
The government also imposed strict currency controls on exchanges with foreign currencies, particularly the United States dollar. Those measures lasted throughout the war, with some changes to the fixed exchange rates. [95] After the war ended, the government maintained the fixed rates and exchange controls for some years.
De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating ( floating and free floating ) Soft pegs ( conventional peg , stabilized arrangement , crawling peg , crawl-like arrangement , pegged exchange rate within horizontal bands )
These are community currencies (also known as "local currencies") in Canada. Billet Local d'Échange (BLÉ; 2018–present; Québec City) Bow Chinook Hour (1996–2002; replaced by CalgaryDollars.ca – present) Brampton dollars (1973) Calgary Dollars (1996, 2002–present) [1] Chemainus Dollars (2010–2021) Chouenne (2021–present ...
The Agreement on Internal Trade is an intergovernmental agreement between the federal government and the provinces and territories to reduce and eliminate barriers to free movement of people, goods, services and investments within Canada. Under the Agreement, these governments have agreed to apply the principles of non-discrimination ...
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