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The Canadian federal budget for the fiscal years of 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.
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.
The Canadian federal budget for the fiscal years of 2024–25 was presented to the House of Commons by Finance Minister Chrystia Freeland on 16 April 2024. [1] The budget's slogan is "Fairness for every generation", suggesting the government planned to help younger people.
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.
Meanwhile, Trudeau has announced a two-month sales tax holiday and a 250 Canadian dollar ($175) tax-free rebate for workers making less than the equivalent of $105,000—the "gimmicks" that put ...
2023 Canadian federal budget; 2024 Canadian federal budget; C. Canadian public debt; N. New shoes on budget day This page was last edited on 8 October 2018, at ...
Approve new information and communication technologies adopted by the government; Review statutory programs, tax expenditures, loan guaranties and contingency funds; Regulate private foundations deriving the majority of their funding from the federal government; Examine and conduct studies related to the following federal organizations: