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At the time, for each individual, the legal annual donation limit was $1,100 for each party, $1,100 combined total for each party's associations, and in an election year, an additional $1,100 combined total for each party's candidates. All three limits increase on 1 April every year based on the inflation rate. [91] [92] [93]
In Canada, federal budgets are presented annually by the Government of Canada to identify planned government spending and expected government revenue, and to forecast economic conditions for the upcoming year. They are usually released in February or March, before the start of the fiscal year. All the Canadian provinces also present budgets.
Analysis by Oxford Economics estimated that 25% tariffs implemented across all sectors and predicted retaliatory tariffs would cause Canada's GDP to fall by 2.5% by early 2026, increase its inflation rate to 7.2% by mid-2025, and increase its unemployment rate to 7.9% by the end of 2025 due to an estimated 150,000 layoffs.
The difference was that section 5 merely requires a sitting of Parliament at least once a year, whereas section 20 had required not only a sitting but also a session of Parliament every year. [3] Every session must begin with a Speech from the Throne, and moreover, bills that had not been passed when a session comes to a close must be ...
The 2025 Canadian federal election will take place to elect members of the House of Commons to the 45th Canadian Parliament.Under the fixed-date provisions of the Canada Elections Act, the election would be held on October 25, 2025, but it may be called earlier if the governor general dissolves Parliament on the recommendation of the prime minister, either for a snap election or after the ...
All three of the Bank of Canada's core measures of inflation, its preferred yardsticks for underlying inflation, were flat in September, with the average of the three matching August's upwardly ...
The year-over-year change in the so-called core CPI — which excludes volatile food and energy prices — was 3.8%, the same level as it was in February but a tenth of a percent higher than expected.
The IMF thinks global inflation will slow to 5.8% this year — marginally below its July forecast of 5.9% — and fall to 3.5% by the end of next year, which is slightly below the average during ...