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1985 Canadian Federal Budget
The 1985 Canadian federal budget for fiscal year 1985-1986 was presented by Minister of Finance Michael Wilson in the House of Commons of Canada on 23 May 1985. This is the first federal budget under the premiership of Brian Mulroney, and generally increased taxes. Background The budget is the first presented in the 33rd Canadian Parliament, following the 1984 federal election during which the Progressive-Conservatives won a landslide majority. The previous fiscal year (1983-84) saw, at the time, the largest post-war deficit of the federal government at 37.16 billion. Taxes Personal income taxes The budget brought significant changes to income taxes, notably: * Introduced the Lifetime Capital Gains Exemption (LCGE) ** The budget provided for a $500,000 exemption lifetime exemption for capital gains to encourage investment and risk-taking. ** To account for the LCGE several other tax incentives were abolished or rolled back * A new tax credit of up to 20% is allowed for inve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
33rd Canadian Parliament
The 33rd Canadian Parliament was in session from November 5, 1984, until October 1, 1988. The membership was set by the 1984 federal election on September 4, 1984, and it only changed slightly due to resignations and by-elections prior to being dissolved before the 1988 election. It was controlled by a Progressive Conservative majority under Prime Minister Brian Mulroney and the 24th Canadian Ministry. The Official Opposition was the Liberal Party, led by former prime minister John Turner. The Speaker was first John William Bosley and then John Allen Fraser. See also List of Canadian electoral districts 1976-1987 for a list of the ridings in this parliament. There were two sessions of the 33rd Parliament: Party standings The party standings as of the election and as of dissolution were as follows: Members of the House of Commons Members of the House of Commons in the 33rd parliament arranged by province. Newfoundland ** James McGrath resigned from Parliament an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Excise Tax Act
file:Lincoln Beer Stamp 1871.JPG, upright=1.2, 1871 U.S. Revenue stamp for 1/6 barrel of beer. Brewers would receive the stamp sheets, cut them into individual stamps, cancel them, and paste them over the Bunghole, bung of the beer barrel so when the barrel was tapped it would destroy the stamp. An excise, or excise tax, is any duty (economics), duty on manufactured goods (economics), goods that is levied at the moment of manufacture rather than at sale. Excises are often associated with customs duties, which are levied on pre-existing goods when they cross a designated border in a specific direction; customs are levied on goods that become taxable items at the ''border'', while excise is levied on goods that came into existence ''inland''. An excise is considered an indirect tax, meaning that the producer or seller who pays the levy to the government is expected to try to recover their loss by raising the price paid by the eventual buyer of the goods. Excises are typically impos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1985 Government Budgets
The year 1985 was designated as the International Youth Year by the United Nations. Events January * January 1 ** The Internet's Domain Name System is created. ** Greenland withdraws from the European Economic Community as a result of a new agreement on fishing rights. * January 7 – Japan Aerospace Exploration Agency launches ''Sakigake'', Japan's first interplanetary spacecraft and the first deep space probe to be launched by any country other than the United States space exploration programs, United States or the Soviet space program, Soviet Union. * January 15 – Tancredo Neves is Brazilian presidential election, 1985, elected president of Brazil by the National Congress of Brazil, Congress, ending the Military dictatorship in Brazil, 21-year military rule. * January 20 – Ronald Reagan is Second inauguration of Ronald Reagan, privately sworn in for a second term as Presidency of Ronald Reagan, President of the United States. * January 27 – The Eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1985 In Canadian Law
The year 1985 was designated as the International Youth Year by the United Nations. Events January * January 1 ** The Internet's Domain Name System is created. ** Greenland withdraws from the European Economic Community as a result of a new agreement on fishing rights. * January 7 – Japan Aerospace Exploration Agency launches ''Sakigake'', Japan's first interplanetary spacecraft and the first deep space probe to be launched by any country other than the United States space exploration programs, United States or the Soviet space program, Soviet Union. * January 15 – Tancredo Neves is Brazilian presidential election, 1985, elected president of Brazil by the National Congress of Brazil, Congress, ending the Military dictatorship in Brazil, 21-year military rule. * January 20 – Ronald Reagan is Second inauguration of Ronald Reagan, privately sworn in for a second term as Presidency of Ronald Reagan, President of the United States. * January 27 – The Eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Budgets
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. Following the initial period of French and then the much larger British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian identity. Canada has also been strongly influenced by its linguistic, geographic, and e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jacques Parizeau
Jacques Parizeau (; August 9, 1930June 1, 2015) was a Canadian politician and Québécois economist who was a noted Quebec sovereigntist and the 26th premier of Quebec from September 26, 1994, to January 29, 1996. Early life and career Parizeau was born in Montreal, Quebec, the son of Germaine (née Biron) and Gérard Parizeau, from a family of wealth and privilege. Gérard Parizeau built one of Quebec’s great fortunes and one of the province’s largest financial firms from a brokerage he established in the 1930s. Jacques' great-grandfather was a founder of the Montreal ''Chambre de Commerce'' and his grandfather was a doctor of renown and a ''Chevalier'' of the ''Légion d’honneur.'' As a teenager, Parizeau had radical views and distributed leaflets for Communist Fred Rose's election campaigns. While sympathetic to the Labor-Progressive Party he never joined. His parents supported bilingualism and sent him to English summer camp. He attended Collège Stanislas, a Ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeffrey Simpson
Jeffrey Carl Simpson, OC (born February 17, 1949), is a Canadian journalist. Simpson was ''The Globe and Mail'''s national affairs columnist for almost three decades. He has won all three of Canada's leading literary prizes—the Governor General's Award for non-fiction book writing, the National Magazine Award for political writing, and the National Newspaper Awarfor column writing. He has also won the Hyman Solomon Awarfor excellence in public policy journalism and the Donner Prize for the best public policy book by a Canadian. In January, 2000, he became an Officer of the Order of Canada. Simpson retired from the Globe at the end of June 2016. Early life Simpson was born in New York City and moved to Canada when he was 10 years old. Educated at the University of Toronto Schools, he graduated from Queen's University in 1971 in History and Political Science. There, he worked for the campus radio station CFRC and won the university's Tricolour Award in his graduating year. He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Montreal Gazette
The ''Montreal Gazette'', formerly titled ''The Gazette'', is the only English-language daily newspaper published in Montreal, Quebec, Canada. Three other daily English-language newspapers shuttered at various times during the second half of the 20th century. It is one of the French-speaking province's last two English-language dailies; the other is the ''Sherbrooke Record'', which serves the anglophone community in Sherbrooke and the Eastern Townships southeast of Montreal. Founded in 1778 by Fleury Mesplet, ''The Gazette'' is Quebec's oldest daily newspaper and Canada's oldest daily newspaper still in publication. The oldest newspaper overall is the English-language ''Quebec Chronicle-Telegraph'', which was established in 1764 and is published weekly. History Fleury Mesplet founded a French-language weekly newspaper called ''La Gazette du commerce et littéraire, pour la ville et district de Montréal'' on June 3, 1778. It was the first entirely French-language newspaper i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Globe And Mail
''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it falls slightly behind the ''Toronto Star'' in overall weekly circulation because the ''Star'' publishes a Sunday edition, whereas the ''Globe'' does not. ''The Globe and Mail'' is regarded by some as Canada's " newspaper of record". ''The Globe and Mail''s predecessors, '' The Globe'' and ''The Mail and Empire'' were both established in the 19th century. The former was established in 1844, while the latter was established in 1895 through a merger of ''The Toronto Mail'' and the ''Toronto Empire''. In 1936, ''The Globe'' and ''The Mail and Empire'' merged to form ''The Globe and Mail''. The newspaper was acquired by FP Publications in 1965, who later sold the paper to the Thomson Corporation in 1980. In 2001, the paper merged with broadcast ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Presse (Canadian Newspaper)
, founded in 1884, is a French-language digital newspaper published daily in Montreal, Quebec, Canada. It is owned by an independent nonprofit trust. ' was formerly a broadsheet daily, considered a newspaper of record in Canada. Its Sunday edition was discontinued in 2009, and the weekday edition in 2016. The weekend Saturday printed edition was discontinued on 31 December 2017, turning ' into an entirely digital newspaper. Audience and sections ' is published on its website, .ca, and its mobile app, . The newspaper targets an educated, middle-class readership. Its main competitors are two Montreal print dailies, the tabloid-format ', which aims at a more populist audience, and the more left-leaning broadsheet . ' comprises several sections, dealing individually with arts, sports, business and economy and other themes. Its Saturday print edition (now discontinued) contained over 10 sections. The newspaper's archives from 2000 to 2019 are available on its website. History ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Energy Program
The National Energy Program (french: Programme énergétique national, NEP) was an energy policy of the Canadian federal government from 1980 to 1985. Created under the Liberal government of Prime Minister Pierre Trudeau by Energy Minister Marc Lalonde in 1980, the program was administered by the Department of Energy, Mines and Resources. Introduced following the oil crises and stagflation of the 1970s, the NEP proved to be a highly controversial policy initiative that pitted centralized economic nationalism and federal aspirations of energy self-sufficiency against provincial jurisdiction with hundreds of billions of dollars in oil revenue at stake. The result was a dispute that sparked intense opposition and anger in Canada's West, particularly in Alberta, and the rise of the Reform Party, a development that would shape Canadian politics for years to come. Background In his preamble to the announcement of the National Energy Program, introduced as part of the October 1980 fed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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