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2010 Canadian Federal Budget
The Canadian federal budget for the 2010-2011 fiscal year (April 1, 2010 - March 31, 2011) was presented to the House of Commons of Canada by Finance Minister Jim Flaherty on March 4, 2010 after returning from a two-month prorogued parliament. Areas of direction *$3.2 billion in personal income tax relief. *Over $4 billion in actions to create and protect jobs. *$7.7 billion in infrastructure stimulus to create jobs. *Nearly $2 billion to help create the "Economy of Tomorrow" *$2.2 billion to support industries and communities. * Fiscal spending of $1.6 billion on unemployment benefits and $1 billion in new skills and training programs. * Youth-related spending of $108 million During the budget speech on 4 March 2010, Flaherty announced the use of a polymer substrate for the upcoming Frontier Series of banknotes of the Canadian dollar and that future versions of the loonie ($1 coin) and toonie ($2 coin) would be made of steel instead of ni ...
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40th Canadian Parliament
The 40th Canadian Parliament was in session from November 18, 2008 to March 26, 2011. It was the last Parliament of the longest-running minority government in Canadian history that began with the previous Parliament. The membership of its House of Commons was determined by the results of the 2008 federal election held on October 14, 2008. Its first session was then prorogued by the Governor General on December 4, 2008, at the request of Prime Minister Stephen Harper, who was facing a likely no-confidence motion and a coalition agreement between the Liberal party and the New Democratic Party with the support of the Bloc Québécois ( 2008–2009 Canadian parliamentary dispute). Of the 308 MPs elected at the October 14, 2008 general election, 64 were new to Parliament and three sat in Parliaments previous to the 39th: John Duncan, Jack Harris and Roger Pomerleau. There were three sessions of the 40th Parliament. On March 25, 2011, the House of Commons passed a Liberal motion of ...
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Budget Speech
Budget Day is the day that a government presents its budget to a legislature for approval, in a ceremonial fashion. It only exists in some countries of the world. India The Union Budget of India, referred to as the Annual Financial Statement in Article 112 of the Constitution of India, is the annual budget of the Republic of India, presented each year on the very first day of February by the Finance Minister of India in Parliament. The budget, which is presented by means of the Finance Bill and the Appropriation bill has to be passed by the House before it can come into effect on 1 April, the start of India's financial year. Pre-liberalisation The first Union budget of independent India was presented by R. K. Shanmukham Chetty on 26 November 1947. The Union budgets for the fiscal years 1959–61 to 1963–64, inclusive of the interim budget for 1962–63, were presented by Morarji Desai. On 29 February in 1964 and 1968, he became the only finance minister to present the Union ...
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2010 In Canadian Politics
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is the s ...
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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 ...
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Toonie
The toonie (also spelled twonie or twoonie), formally the Canadian two-dollar coin (, nicknamed or ), was introduced on February 19, 1996, by Minister of Public Works Diane Marleau. , it possesses the highest monetary value of any circulating Canadian coin. The toonie is a bi-metallic coin which on the reverse side bears an image of a polar bear by artist Brent Townsend. The obverse, like all other current Canadian circulation coins, has a portrait of Queen Elizabeth II. It has the words in a typeface different from any other Canadian coin. The coin is manufactured using a patented distinctive bi-metallic coin-locking mechanism. The coins are estimated to last 20 years. The discontinued two-dollar bill was less expensive to manufacture but lasted only one year on average. On April 10, 2012, the Royal Canadian Mint (RCM) announced design changes to the loonie and toonie, which include new security features. Coins minted prior to 2012 consist of an aluminum bronze inner core ...
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Loonie
The loonie (french: huard), formally the Canadian one-dollar coin, is a gold-coloured Canadian coin that was introduced in 1987 and is produced by the Royal Canadian Mint at its facility in Winnipeg. The most prevalent versions of the coin show a common loon, a bird found throughout Canada, on the reverse and Queen Elizabeth II, the nation's head of state at the time of the coin's issue, on the obverse. Various commemorative and specimen-set editions of the coin with special designs replacing the loon on the reverse have been minted over the years. The coin's outline is an 11-sided Reuleaux polygon. Its diameter of 26.5 mm and its 11-sidedness matched that of the already-circulating Susan B. Anthony dollar in the United States, and its thickness of 1.95 mm was a close match to the latter's 2.0 mm. Its gold colour differed from the silver-coloured Anthony dollar; however, the succeeding Sacagawea and Presidential dollars matched the loonie's overall hue. Othe ...
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Banknotes Of The Canadian Dollar
Banknotes of the Canadian dollar are the banknotes or bills (in common lexicon) of Canada, denominated in Canadian dollars (CAD, C$, or $ locally). Currently, they are issued in $5, $10, $20, $50, and $100 denominations. All current notes are issued by the Bank of Canada, which released its first series of notes in 1935. The Bank of Canada has contracted the Canadian Bank Note Company to produce the Canadian notes since then. The current series of polymer banknotes were introduced into circulation between November 2011 and November 2013. Banknotes issued in Canada can be viewed at the Bank of Canada Museum in Ottawa. Currently produced series The currently produced banknote series of the Canadian dollar both consist of polymer banknotes: the 7th series (Frontier), which was launched in 2011, and the 8th series, which was launched in 2018. Production Notes are issued by the Bank of Canada, but the actual production of the banknotes is outsourced to the Canadian Bank Note Co ...
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Frontier Series
The Frontier series is the seventh series of banknotes of the Canadian dollar released by the Bank of Canada, first circulated in 2011. The polymer banknotes were designed for increased durability and to incorporate more security features over the preceding 2001 Canadian Journey series. The notes feature images that focus on historic Canadian achievements and innovation. Printed on polymer, the 2011 Frontier series was the first series issued by the Bank of Canada printed on a material other than paper. The 2011 Frontier series was followed by the 2018 series. The banknotes were designed by the Canadian Bank Note Company, which also prints the banknotes. They were revealed in June 2011. To familiarize Canadians with the new banknotes, each banknote was introduced through national and regional unveiling events and advertising campaigns before being put into circulation. The $100 banknote was released into circulation on 14 November 2011, the $50 banknote on 26 March 2012, and t ...
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Polymer
A polymer (; Greek '' poly-'', "many" + ''-mer'', "part") is a substance or material consisting of very large molecules called macromolecules, composed of many repeating subunits. Due to their broad spectrum of properties, both synthetic and natural polymers play essential and ubiquitous roles in everyday life. Polymers range from familiar synthetic plastics such as polystyrene to natural biopolymers such as DNA and proteins that are fundamental to biological structure and function. Polymers, both natural and synthetic, are created via polymerization of many small molecules, known as monomers. Their consequently large molecular mass, relative to small molecule compounds, produces unique physical properties including toughness, high elasticity, viscoelasticity, and a tendency to form amorphous and semicrystalline structures rather than crystals. The term "polymer" derives from the Greek word πολύς (''polus'', meaning "many, much") and μέρος (''meros'' ...
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Unemployment Benefits
Unemployment benefits, also called unemployment insurance, unemployment payment, unemployment compensation, or simply unemployment, are payments made by authorized bodies to unemployment, unemployed people. In the United States, benefits are funded by a compulsory governmental insurance system, not taxes on individual citizens. Depending on the jurisdiction and the status of the person, those sums may be small, covering only basic needs, or may compensate the lost time proportionally to the previous earned salary. Unemployment benefits are generally given only to those registering as becoming unemployed through no fault of their own, and often on conditions ensuring that they seek work. In British English unemployment benefits are also colloquially referred to as "the dole"; receiving benefits is informally called "being on the dole". "Dole" here is an archaic expression meaning "one's allotted portion", from the synonymous Old English word ''dāl''. History The first modern u ...
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Conservative Party Of Canada
The Conservative Party of Canada (french: Parti conservateur du Canada), colloquially known as the Tories, is a federal political party in Canada. It was formed in 2003 by the merger of the two main right-leaning parties, the Progressive Conservative Party (PC Party) and the Canadian Alliance, the latter being the successor of the Western Canadian-based Reform Party. The party sits at the centre-right to the right of the Canadian political spectrum, with their federal rival, the Liberal Party of Canada, positioned to their left. The Conservatives are defined as a "big tent" party, practising "brokerage politics" and welcoming a broad variety of members, including "Red Tories" and " Blue Tories". From Canadian Confederation in 1867 until 1942, the original Conservative Party of Canada participated in numerous governments and had multiple names. However, by 1942, the main right-wing Canadian force became known as the Progressive Conservative Party. In the 1993 federal el ...
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Prorogued
A legislative session is the period of time in which a legislature, in both parliamentary and presidential systems, is convened for purpose of lawmaking, usually being one of two or more smaller divisions of the entire time between two elections. In each country the procedures for opening, ending, and in between sessions differs slightly. A session may last for the full term of the legislature or the term may consist of a number of sessions. These may be of fixed duration, such as a year, or may be used as a parliamentary procedural device. A session of the legislature is brought to an end by an official act of prorogation. In either event, the effect of prorogation is generally the clearing of all outstanding matters before the legislature. Common procedure Historically, each session of a parliament would last less than one year, ceasing with a prorogation during which legislators could return to their constituencies. In more recent times, development in transportation technolo ...
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