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2018 Canadian Federal Budget
The Canadian federal budget for fiscal year 2018–2019 was presented to the Canadian House of Commons by Finance Minister Bill Morneau on February 27, 2018 as the omnibus Budget Implementation Act, 2018, No. 1. The deficit was projected to be $18.1 billion, including a $3 billion adjustment for risk. This was later refined to $14.0 billion when the Annual Financial Report of the Government of Canada for Fiscal Year 2018–2019 was released. Financial situation In the ''Annual Financial Report of the Government of Canada'' for 2018 - 2019, the Minister of Finance said that the budgetary deficit was $14.0 billion for the FY ending March 31, 2019 and that revenues "increased by $21.0 billion, or 6.7 per cent, from 2017–18." There was an increase of 4.7 per cent ($14.6 billion) in program expenses. The federal debt was $685.5 billion and debt-to-GDP (gross domestic product) ratio was 30.9 per cent which is a decrease from 31.3 per cent in 2018. Public debt charges that had reached ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
42nd Canadian Parliament
The 42nd Canadian Parliament was in session from December 3, 2015, to September 11, 2019, with the membership of its lower chamber, the House of Commons of Canada, having been determined by the results of the 2015 federal election held on October 19, 2015, and thirty new appointees to its Upper House, the Senate of Canada. Parliament officially resumed on December 3, 2015, with the election of a new Speaker, Geoff Regan, followed by a Speech from the Throne the following day. The Speaker of the Senate of Canada was George Furey, who was appointed Speaker of the Canadian Senate on the advice of Prime Minister Justin Trudeau, to replace Leo Housakos, on December 3, 2015. On September 11, 2019, Prime Minister Justin Trudeau advised Governor General Julie Payette to dissolve Parliament and issue the writ of election, leading to a 5-week election campaign period for the 2019 federal election. Party standings Legislation Among the more significant pieces of legislation adop ... [...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 |
Bill Morneau
William Francis Morneau Jr. (born October 7, 1962) is a Canadian businessman and former Liberal Party politician who served as minister of finance and member of Parliament (MP) for Toronto Centre from 2015 to 2020. Morneau was executive chairman of the company founded by his father, and Canada's largest human resources firm, Morneau Shepell, and the former chair of the C. D. Howe Institute. He was also the chair of the board at St. Michael's Hospital, and Covenant House. Morneau holds a bachelor of arts (BA) degree from the University of Western Ontario, a master of business administration degree (MBA) from INSEAD, and a master's degree in economics from the London School of Economics. Morneau was elected to the House of Commons in the 2015 election and was immediately appointed finance minister by Prime Minister Justin Trudeau. Morneau resigned from both positions in August 2020 in the wake of the WE Charity scandal. In May 2021, Morneau was found to have violated Canada's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Of Commons
The House of Commons is the name for the elected lower house of the bicameral parliaments of the United Kingdom and Canada. In both of these countries, the Commons holds much more legislative power than the nominally upper house of parliament. The leader of the majority party in the House of Commons by convention becomes the prime minister. Other parliaments have also had a lower house called a "House of Commons". History and naming The House of Commons of the Kingdom of England evolved from an undivided parliament to serve as the voice of the tax-paying subjects of the counties and of the boroughs. Knights of the shire, elected from each county, were usually landowners, while the borough members were often from the merchant classes. These members represented subjects of the Crown who were not Lords Temporal or Spiritual, who themselves sat in the House of Lords. The House of Commons gained its name because it represented communities (''communes''). Since the 19th century, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Of Oil
The price of oil, or the oil price, generally refers to the spot price of a barrel () of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus and Western Canadian Select (WCS). Oil prices are determined by global supply and demand, rather than any country's domestic production level. The global price of crude oil was relatively consistent in the nineteenth century and early twentieth century. This changed in the 1970s, with a significant increase in the price of oil globally. There have been a number of structural drivers of global oil prices historically, including oil supply, demand, and storage shocks, and shocks to global economic growth affecting oil prices. Notable events driving significant price fluctuations include the 1973 OPEC oil embargo targeting nations that had supported Israel during the Yom Kippur War ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greenhouse Gas Pollution Pricing Act
The ''Greenhouse Gas Pollution Pricing Act'' (french: Loi sur la tarification de la pollution causée par les gaz à effet de serre) is a Canadian federal law establishing a set of minimum national standards for carbon pricing in Canada to meet emission reduction targets under the Paris Agreement. It was passed as Part 5 of the ''Budget Implementation Act, 2018, No. 1'' – an omnibus bill, omnibus budget bill – during the 42nd Parliament of Canada. The law Coming into force, came into force immediately upon receiving royal assent on June 21, 2018. On March 25, 2021, the Supreme Court of Canada rejected the 2019 appeal of the provinces of Alberta, Ontario, and Saskatchewan and ruled in ''Reference re Greenhouse Gas Pollution Pricing Act'' that the GGPPA was constitutional. Commentators had varying reactions to who the ruling benefited most politically, with some stating that it represented a blow to the group of conservative premiers that made opposition to carbon pricing a ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SNC-Lavalin Affair
The SNC-Lavalin affair () was a political scandal involving attempted political interference with the justice system by the Prime Minister of Canada, Justin Trudeau, and the Prime Minister's Office (PMO). The Parliament of Canada's Ethics Commissioner Mario Dion found that Trudeau improperly influenced then Minister of Justice and Attorney General Jody Wilson-Raybould to intervene in an ongoing criminal case against Quebec-based construction company SNC-Lavalin by offering a deferred prosecution agreement. The affair became public when ''The Globe and Mail'' published an article uncovering the allegations on 7 February 2019, shortly after Wilson-Raybould had been shuffled to another cabinet position as Minister of Veterans Affairs. Four days later, Ethics Commissioner Dion announced he would investigate the allegations. Wilson-Raybould resigned from cabinet later that day. This was followed by the resignation of Gerald Butts, the Principal Secretary to Trudeau. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environment And Climate Change Canada
Environment and Climate Change Canada (ECCC; french: Environnement et Changement climatique Canada),Environment and Climate Change Canada is the applied title under the Federal Identity Program; the legal title is Department of the Environment (). is the department of the Government of Canada responsible for coordinating environmental policies and programs, as well as preserving and enhancing the natural environment and renewable resources. It is also colloquially known by its former name, Environment Canada (EC; french: Environnement Canada, links=no). The minister of environment and climate change has been Steven Guilbeault since October 26, 2021; Environment and Climate Change Canada supports the minister's mandate to: "preserve and enhance the quality of the natural environment, including water, air, soil, flora and fauna; conserve Canada's renewable resources; conserve and protect Canada's water resources; forecast daily weather conditions and warnings, and provide detail ... [...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] |
2018 Government Budgets
Eighteen or 18 may refer to: * 18 (number), the natural number following 17 and preceding 19 * one of the years 18 BC, AD 18, 1918, 2018 Film, television and entertainment * ''18'' (film), a 1993 Taiwanese experimental film based on the short story ''God's Dice'' * ''Eighteen'' (film), a 2005 Canadian dramatic feature film * 18 (British Board of Film Classification), a film rating in the United Kingdom, also used in Ireland by the Irish Film Classification Office * 18 (''Dragon Ball''), a character in the ''Dragon Ball'' franchise * "Eighteen", a 2006 episode of the animated television series ''12 oz. Mouse'' Music Albums * ''18'' (Moby album), 2002 * ''18'' (Nana Kitade album), 2005 * '' 18...'', 2009 debut album by G.E.M. Songs * "18" (5 Seconds of Summer song), from their 2014 eponymous debut album * "18" (One Direction song), from their 2014 studio album ''Four'' * "18", by Anarbor from their 2013 studio album '' Burnout'' * "I'm Eighteen", by Alice Cooper commonly r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
