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The U.S. remains Canada's largest foreign investor and the most popular destination for Canadian foreign investments. In 2018, the stock of U.S. direct investment in Canada totaled $406 billion, while the stock of Canadian investment in the U.S. totaled $595 billion, or 46% of the overall CDIA stock for 2018.
Foreign direct investment (FDI) by country [3] and by industry [4] are tracked by Statistics Canada; the total in 2012 of FDI was CA$634 bn. [3] New FDI inflow to Canada in 2011 was CA$40.8 bn. [5] Canada was host to CA$33 bn in state-owned enterprise investment over the period between 2005 and 2012. [6]
The budget introduced $22.8 billion of new spending over six years. [4] The budget will not make any changes to the income tax brackets for individuals or corporations. [4] This was later refined to $39.4 billion when the Annual Financial Report of the Government of Canada for Fiscal Year 2019–2020 was released. [2]
The federal budget included $20 billion in personal income tax cuts as well as major investments in infrastructure. The Budget Implementation Act, 2009 was introduced in the House of Commons on February 6, 2009, and it received royal assent on March 12, 2009, enacting the legislative changes necessary to implement the budget.
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The 1993 Canadian budget was a Canadian federal budget for the Government of Canada presented by Minister of Finance Don Mazankowski in the House of Commons of Canada on 26 April 1993. It was the fifth budget after the 1988 Canadian federal election and would be the last before the 1993 Canadian federal election .
Financial planners use various models to project what you'll need in retirement. Find out how your $3 million nest egg could safely pay $120,000 a year.