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1980 Canadian Federal Budget
The Canadian federal budget for fiscal year 1980-1981 was presented by Minister of Finance Allan MacEachen in the House of Commons of Canada on 28 October 1980. It was the first budget presented after the Liberals won a majority in the 1980 Canadian federal election. Details of the budget Taxes The budget did not bring major changes to either personal income taxes or corporate income taxes as it mainly focused on the presentation of the 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 .... The budget maintained the indexing of income tax tables, costing 1.58 billions in 1981 alone.p. 15 The budget did however :p. 16p. 1-2 * Made the payment of travelling allowances a non-taxable benefit for part-time employees working at least from their ordinary work l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
32nd Canadian Parliament
The 32nd Canadian Parliament was in session from April 14, 1980, until July 9, 1984. The membership was set by the 1980 federal election on February 18, 1980, and it only changed slightly due to resignations and by-elections prior to being dissolved before the 1984 election. It was controlled by a Liberal Party majority, led first by Prime Minister Pierre Trudeau and the 22nd Canadian Ministry, and then by Prime Minister John Turner and the 23rd Canadian Ministry. The Official Opposition was the Progressive Conservative Party, led first by Joe Clark, and then Brian Mulroney. The Speaker was Jeanne Sauvé then Cyril Lloyd Francis. See also List of Canadian electoral districts 1976-1987 for a list of the ridings in this parliament. There were two sessions of the 32nd Parliament: Party standings The party standings as of the election and as of dissolution were as follows: * After dissolution but before turning over power, Prime Minister John Turner filled ten of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberal Party Of Canada
The Liberal Party of Canada (french: Parti libéral du Canada, region=CA) is a federal political party in Canada. The party espouses the principles of liberalism,McCall, Christina; Stephen Clarkson"Liberal Party". ''The Canadian Encyclopedia''. and generally sits at the centre to centre-left of the Canadian political spectrum, with their rival, the Conservative Party, positioned to their right and the New Democratic Party, who at times aligned itself with the Liberals during minority governments, positioned to their left. The party is described as "big tent",PDF copy at UBC Press. practising "brokerage politics", attracting support from a broad spectrum of voters. The Liberal Party is the longest-serving and oldest active federal political party in the country, and has dominated federal [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allan MacEachen
Allan Joseph MacEachen (July 6, 1921 – September 12, 2017) was a Canadian politician and statesman who served as a senator and several times as a Cabinet minister. He was the first deputy prime minister of Canada and served from 1977 to 1979 and 1980 to 1984. Early life Born in Inverness on Nova Scotia's Cape Breton Island, MacEachen graduated from St. Francis Xavier University, and lectured in economics for several years at the school. He was the son of Annie Gillies and Angus MacEachen, a coal miner from Inverness County, Nova Scotia. MacEachen's maternal grandfather immigrated to Cape Breton Island from Morar, Scotland, in 1865. MacEachen's parents both spoke the distinctive Nova Scotia dialect of Scottish Gaelic at home and MacEachen himself was a fluent speaker. Early political career MacEachen was elected for the first time to the House of Commons of Canada in the 1953 election as a Liberal under the leadership of Prime Minister Louis St-Laurent. MacEachen was re-e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (Canada)
The minister of finance (french: ministre des Finances) is the minister of the Crown in the Canadian Cabinet who is responsible for overseeing the Department of Finance and presenting the federal government's budget each year. It is one of the most important positions in the Cabinet. Chrystia Freeland serves as the 40th and current finance minister, assuming the role in August 2020 following the resignation of Bill Morneau. She concurrently serves as the deputy prime minister of Canada. Because of the prominence and responsibility of this cabinet position, it is not uncommon for former ministers of finance to later become prime minister. Charles Tupper, R. B. Bennett, John Turner, Jean Chrétien, and Paul Martin all became prime minister after previously serving as minister of finance. Responsibilities In addition to being the head of the Department of Finance, the minister of finance is also the minister responsible for: * Bank of Canada *Canada Deposit Insurance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Of Commons Of Canada
The House of Commons of Canada (french: Chambre des communes du Canada) is the lower house of the Parliament of Canada. Together with the Crown and the Senate of Canada, they comprise the bicameral legislature of Canada. The House of Commons is a democratically elected body whose members are known as members of Parliament (MPs). There have been 338 MPs since the most recent electoral district redistribution for the 2015 federal election, which saw the addition of 30 seats. Members are elected by simple plurality ("first-past-the-post" system) in each of the country's electoral districts, which are colloquially known as ''ridings''. MPs may hold office until Parliament is dissolved and serve for constitutionally limited terms of up to five years after an election. Historically, however, terms have ended before their expiry and the sitting government has typically dissolved parliament within four years of an election according to a long-standing convention. In any case, an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1980 Canadian Federal Election
The 1980 Canadian federal election was held on February 18, 1980, to elect members of the House of Commons of Canada of the 32nd Parliament of Canada. It was called when the minority Progressive Conservative government led by Prime Minister Joe Clark was defeated in the Commons. Clark and his government had been under attack for its perceived inexperience, for example, in its handling of its 1979 election campaign commitment to move Canada's embassy in Israel from Tel Aviv to Jerusalem. Clark had maintained uneasy relations with the fourth largest party in the House of Commons, Social Credit. While he needed the six votes that the conservative-populist Quebec-based party had to get legislation passed, he was unwilling to agree to the conditions they imposed for their support. Clark had managed to recruit one Social Credit MP, Richard Janelle, to join the PC caucus. Clark's Minister of Finance, John Crosbie, introduced an austere government budget in late 1979 that proposed to ... [...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 fe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Conversion Grants
In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of heat and light. Energy is a conserved quantity—the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The unit of measurement for energy in the International System of Units (SI) is the joule (J). Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object (for instance due to its position in a field), the elastic energy stored in a solid object, chemical energy associated with chemical reactions, the radiant energy carried by electromagnetic radiation, and the internal energy contained within a thermodynamic system. All living organisms constantly take in and release energy. Due to mass–energy equivalence, any object that has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small Business Development Bonds
Small may refer to: Science and technology * SMALL, an ALGOL-like programming language * Small (anatomy), the lumbar region of the back * ''Small'' (journal), a nano-science publication * <small>, an HTML element that defines smaller text Arts and entertainment Fictional characters * Small, in the British children's show Big & Small Other uses * Small, of little size * Small (surname) * "Small", a song from the album '' The Cosmos Rocks'' by Queen + Paul Rodgers See also * Smal (other) * List of people known as the Small The Small is an epithet applied to: *Bolko II the Small (c. 1312–1368), Duke of Świdnica, of Jawor and Lwówek, of Lusatia, over half of Brzeg and Oława, of Siewierz, and over half of Głogów and Ścinawa *Dionysius Exiguus (c. 470–c. 5 ... * Smalls (other) {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Cost Allowance
Capital Cost Allowance (CCA) is the means by which Canadian businesses may claim depreciation expense for calculating taxable income under the ''Income Tax Act'' (Canada). Similar allowances are in effect for calculating taxable income for provincial purposes. General rules for CCA calculation Capital property Capital property eligible for CCA excludes: * land * property the cost of which is deductible in computing the taxpayer's income * property that is described in the taxpayer's inventory * property that was not acquired for the purpose of gaining or producing income * property that was acquired by an expenditure in respect of which the taxpayer is allowed a deduction under section 37 * specified artwork and crafts acquired after November 12, 1981 * property that is a camp, yacht, lodge or golf course or facility acquired after December 31, 1974 if any outlay or expense for the use or maintenance of that property is not deductible by virtue of paragraph 18(1)(l) CCA is calcul ... [...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 ec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1980 In Canadian Law
__NOTOC__ Year 198 (CXCVIII) was a common year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Sergius and Gallus (or, less frequently, year 951 '' Ab urbe condita''). The denomination 198 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire *January 28 **Publius Septimius Geta, son of Septimius Severus, receives the title of Caesar. **Caracalla, son of Septimius Severus, is given the title of Augustus. China *Winter – Battle of Xiapi: The allied armies led by Cao Cao and Liu Bei defeat Lü Bu; afterward Cao Cao has him executed. By topic Religion * Marcus I succeeds Olympianus as Patriarch of Constantinople (until 211). Births * Lu Kai (or Jingfeng), Chinese official and general (d. 269) * Quan Cong, Chinese general and advisor (d. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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