2021 Canadian Federal Budget
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2021 Canadian Federal Budget
The Canadian federal budget for the fiscal years of 2020–21 and 2021–22 was presented to the House of Commons by finance minister Chrystia Freeland on 19 April 2021. The Canadian government did not produce a budget in 2020 due to the COVID-19 pandemic. Instead, the government produced a series of economic updates and stimulus plans throughout the year. Background A Canadian federal budget for fiscal year 2020–21 was initially supposed to be presented to the House of Commons by Finance Minister Bill Morneau on 30 March 2020. However, this was delayed due to the COVID-19 outbreak in Canada. On 17 June 2020, Justin Trudeau announced that the finance minister would table a fiscal and economic ''snapshot'' on 8 July 2020. This document was shorter than a budget or even a regular Fall Economic Statement as it did not incorporate medium or long-term projections. Conservative and Bloc oppositions criticized the government for lack of transparency and asked for a more comprehens ...
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43rd Canadian Parliament
The 43rd Canadian Parliament was in session from December 5, 2019, to August 15, 2021, with the membership of its Lower House, the House of Commons of Canada, having been determined by the results of the 2019 federal election held on October 21, 2019. Parliament officially resumed on December 5, 2019, with the election of a new Speaker, Anthony Rota, followed by a Speech from the Throne the following day. On August 15, 2021, Prime Minister Justin Trudeau advised Governor General Mary Simon to dissolve Parliament and issue the writ of election, leading to a 5-week election campaign period for the 2021 federal election. Timeline 2019 * October 21, 2019: In the 43rd Canadian federal election, the incumbent Liberal Party lost its majority but won the most seats in the House of Commons. * October 23, 2019: The Liberals ruled out any "formal or informal" coalition government with any other party. * October 29, 2019: Incumbent prime minister Justin Trudeau met with Governor General ...
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Economic Impact Of The COVID-19 Pandemic In Canada
The COVID-19 pandemic in Canada, COVID-19 pandemic had a deep impact on the Economy of Canada, Canadian economy, leading it into a COVID-19 recession, recession. The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5% in May 2020, the highest it has been since 1976. Many large-scale events that planned to take place in 2020 in Canada were cancelled or delayed. This includes all major sporting and artistic events. Canada's tourism and air travel sectors were hit especially hard due to travel restrictions. Some farmers feared a labour shortfall and bankruptcy. COVID-19 affected consumer behaviours. In the early stages of the pandemic, Canadian grocery stores were the site of large-scale panic buying which led to many empty shelves. By the end of March 2020, most stores were closed to walk-in customers with the exception of grocery stores and pharmacie ...
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Green Party Of Canada
The Green Party of Canada (french: Parti vert du Canada) is a federal political party in Canada, founded in 1983 with a focus on green politics. The Green Party is currently the fifth largest party in the House of Commons by seat count. It elected its first member of Parliament (MP), leader Elizabeth May, in the 2011 election, winning in the Saanich—Gulf Islands. In the 2019 election, the party expanded its caucus to three. In the 2021 election, the party fell to two seats. Elizabeth May has served as the party leader since 19 November 2022. She previously served as party leader from 2006 to 2019. The deputy leader is Jonathan Pedneault. The Green Party is founded on six principles, including ecological wisdom, non-violence, social justice, sustainability, participatory democracy, and respect for diversity. History About two months before the 1980 federal election, eleven candidates, mostly from ridings in the Atlantic provinces, issued a joint press release declarin ...
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Hamilton Mountain
Hamilton is located on the western end of the Niagara Peninsula and wraps around the westernmost part of the Lake Ontario. Most of the city including the downtown section lies along the south shore. Situated in the geographic centre of the Golden Horseshoe, it lies roughly midway between Toronto and Buffalo. The two major physical features are Hamilton Harbour marking the northern limit of the city and the Niagara Escarpment running through the middle of the city across its entire breadth, bisecting the city into 'upper' and 'lower' parts. According to records from local historians, this district was called "Attiwandaronia" by the native Neutral people. The first aboriginals to settle in the Hamilton area called the bay ''Macassa'', meaning ''beautiful waters''. Hamilton is one of 11 cities showcased in the book, "''Green City'': People, Nature & Urban Places" by Quebec author Mary Soderstrom, which examines the city as an example of an industrial powerhouse co-existing with nat ...
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Scott Duvall
Scott Duvall is a retired Canadian politician who served as the member of Parliament for Hamilton Mountain from 2015 until 2021. He had previously served on Hamilton City Council representing Ward 7 (Central Mountain) from 2006 until he was elected to the House of Commons following the 2015 Canadian federal election. He was a member of the New Democratic Party. Prior to being elected to Hamilton City Council, Duvall was a steelworker and a labour union president. Throughout the entirety of his career, he was vocal about labour issues in the Hamilton area. Background Duvall is a Hamilton area native, born into a household with seven other siblings. He began his career working at Stelco, where his father also worked. Duvall and his wife Sherry have three daughters. He eventually became the president of his union. Municipal politics After incumbent Ward 7 councillor Bill Kelly stood unsuccessfully as the Liberal candidate for Parliament on Hamilton Mountain in 2006, he anno ...
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New Democratic Party (Canada)
The New Democratic Party (NDP; french: Nouveau Parti démocratique, NPD) is a federal political party in Canada. Widely described as social democratic,The party is widely described as social democratic: * * * * * * * * * * * * the party occupies the left, to centre-left on the political spectrum, sitting to the left of the Liberal Party. The party was founded in 1961 by the Co-operative Commonwealth Federation (CCF) and the Canadian Labour Congress (CLC). The federal and provincial (or territorial) level NDPs are more integrated than other political parties in Canada, and have shared membership (except for the New Democratic Party of Quebec). The NDP has never won the largest share of seats at the federal level and thus has never formed government. From 2011 to 2015, it formed the Official Opposition, but apart from that, it has been the third or fourth-largest party in the House of Commons. However, the party has held considerable influence during periods o ...
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Government Budget Deficit
The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. A positive balance is called a ''government budget surplus'', and a negative balance is a ''government budget deficit''. A government budget is a financial statement presenting the government's proposed revenues and spending for a financial year. A budget is prepared for each level of government (from national to local) and takes into account public social security obligations. The government budget balance can be broken down into the ''primary balance'' and interest payments on accumulated government debt; the two together give the budget balance. Furthermore, the budget balance can be broken down into the ''structural balance'' (also known as ''cyclically-adjusted balance'') and the cyclical component: the structural budget balance attempts to adjust for the impact of ...
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CBC News
CBC News is a division of the Canadian Broadcasting Corporation responsible for the news gathering and production of news programs on the corporation's English-language operations, namely CBC Television, CBC Radio, CBC News Network, and CBC.ca. Founded in 1941, CBC News is the largest news broadcaster in Canada and has local, regional, and national broadcasts and stations. It frequently collaborates with its organizationally separate French-language counterpart, Radio-Canada Info. History The first CBC newscast was a bilingual radio report on November 2, 1936. The CBC News Service was inaugurated during World War II on January 1, 1941, when Dan McArthur, chief news editor, had Wells Ritchie prepare for the announcer Charles Jennings a national report at 8:00 pm. Readers who followed Jennings were Lorne Greene, Frank Herbert and Earl Cameron. ''CBC News Roundup'' (French counterpart: ''La revue de l'actualité'') started on August 16, 1943, at 7:45 pm, being replaced by ''T ...
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Cigarette
A cigarette is a narrow cylinder containing a combustible material, typically tobacco, that is rolled into thin paper for smoking. The cigarette is ignited at one end, causing it to smolder; the resulting smoke is orally inhaled via the opposite end. Cigarette smoking is the most common method of tobacco consumption. The term ''cigarette'', as commonly used, refers to a tobacco cigarette, but the word is sometimes used to refer to other substances, such as a cannabis cigarette or an herbal cigarette. A cigarette is distinguished from a cigar by its usually smaller size, use of processed leaf, and paper wrapping, which is typically white. Since the 1920s, scientists and doctors have been able to link smoking with respiratory illness. Researchers have identified negative health effects from smoking cigarettes such as cancer, chronic obstructive pulmonary disease (COPD), heart disease, and other health problems relating to nearly every organ of the body. Nicotine, the psycho ...
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Vaping
An electronic cigarette is an electronic device that simulates tobacco smoking. It consists of an atomizer, a power source such as a battery, and a container such as a cartridge or tank. Instead of smoke, the user inhales vapor. As such, using an e-cigarette is often called "vaping". The atomizer is a heating element that vaporizes a liquid solution called e-liquid, which quickly cools into an aerosol of tiny droplets, vapor and air. E-cigarettes are activated by taking a puff or pressing a button. Some look like traditional cigarettes, and most kinds are reusable. The vapor mainly comprises propylene glycol and/or glycerin, usually with nicotine and flavoring. Its exact composition varies, and depends on several things including user behavior. Vaping is likely much less harmful than smoking. E-cigarette vapor contains fewer toxins than cigarette smoke. It contains traces of harmful substances not found in cigarette smoke. Nicotine is highly addictive. Users beco ...
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Luxury Tax
A luxury tax is a tax on luxury goods: products not considered essential. A luxury tax may be modeled after a sales tax or VAT, charged as a percentage on all items of particular classes, except that it mainly directly affects the wealthy because the wealthy are the most likely to buy luxuries such as expensive cars, jewelry, etc. It may also be applied only to purchases over a certain amount; for instance, some U.S. states charge luxury tax on real estate transactions over a certain limit. A luxury good may be a Veblen good, which is a type of good for which demand increases as price increases. Therefore, the effect of a luxury tax may be to increase demand for certain luxury goods. In general, however, since a luxury good has a high income elasticity of demand by definition, both the income effect and substitution effect will decrease demand sharply as the tax rises. Theory Luxury tax is based on the concept of positional goods, which are scarce goods whose value arises as ...
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Kindergarten
Kindergarten is a preschool educational approach based on playing, singing, practical activities such as drawing, and social interaction as part of the transition from home to school. Such institutions were originally made in the late 18th century in Germany, Bavaria and Alsace to serve children whose parents both worked outside home. The term was coined by German pedagogue Friedrich Fröbel, whose approach globally influenced early-years education. Today, the term is used in many countries to describe a variety of educational institutions and learning spaces for children ranging from 2 to 6 years of age, based on a variety of teaching methods. History Early years and development In 1779, Johann Friedrich Oberlin and Louise Scheppler founded in Strasbourg an early establishment for caring for and educating preschool children whose parents were absent during the day. At about the same time, in 1780, similar infant establishments were created in Bavaria. In 1802, Princess P ...
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