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2005 Canadian Federal Budget
The 2005 Canadian federal budget was the budget of the Government of Canada under prime minister Paul Martin's 38th Canadian Parliament for the 2005–06 fiscal year. It was presented on February 23, 2005, by Finance Minister Ralph Goodale. It was the first Canadian federal budget presented by a minority government since the budget of the Joe Clark Progressive Conservative government in 1979, which was defeated by the opposition parties. Having fewer than half the seats in the House of Commons of Canada meant that the governing Liberal Party of Canada had to win the support of members of other parties for the 2005 budget to pass. Without that support, the budget would have been defeated, and new elections would likely have been called. In the 2005–06 fiscal year, the government had a large surplus of expected revenues over expenses, making the government able to fund a wide array of new initiatives. The budget bill (C-43) received Royal Assent on June 28, 2005. In order t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
38th Canadian Parliament
The 38th Canadian Parliament was in session from October 4, 2004, until November 29, 2005. The membership was set by the 2004 Canadian federal election, 2004 federal election on June 28, 2004, and it changed only somewhat due to resignations and by-elections, but due to the seat distribution, those few changes significantly affected the distribution of power. It was dissolved prior to the 2006 Canadian federal election, 2006 election. It was controlled by a Liberal Party of Canada, Liberal Party Minority government, minority under Prime Minister of Canada, Prime Minister Paul Martin and the 27th Canadian Ministry. The Official Opposition (Canada), Official Opposition was the Conservative Party of Canada, Conservative Party, led by Stephen Harper. The Speaker of the House of Commons of Canada, Speaker was Peter Milliken. See also List of Canadian federal electoral districts for a list of the electoral district (Canada), ridings in this parliament. There was one Parliamentary ... [...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''. 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 calculated on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jack Layton
John Gilbert Layton (July 18, 1950 – August 22, 2011) was a Canadian politician and academic who served as the leader of the New Democratic Party (NDP) from 2003 to 2011 and leader of the Official Opposition in 2011. He previously sat on Toronto City Council, occasionally holding the title of acting mayor or deputy mayor of Toronto during his tenure as city councillor. Layton was the member of Parliament (MP) for Toronto—Danforth from 2004 until his death. The son of a Progressive Conservative cabinet minister, Layton was raised in Hudson, Quebec. He rose to prominence in Toronto municipal politics, where he was one of the most prominent left-wing voices on the city and Metropolitan Toronto councils, championing many progressive causes. In 1991, he ran for mayor, losing to June Rowlands. Returning to council, he rose to become head of the Federation of Canadian Municipalities. In 2003, he was elected leader of the NDP on the first ballot of the leadership election. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vertical Fiscal Imbalance In Canada
Fiscal imbalance (French, ''déséquilibre fiscal'') is the term used in Canada to describe a monetary imbalance between the Canadian federal government and the provincial governments. According to the fiscal imbalance theory, the federal government achieved an important surplus by cutting its contributions towards provinces, leaving provinces with responsibilities much too expensive for their resources. The theory was further developed in the "Seguin Report", commissioned by former Parti Québécois (PQ) Premier of Quebec Bernard Landry, and completed under former Liberal Quebec Minister of Finance Yves Séguin. The federal government, run by the Liberal Party of Canada until January 2006, denied that this imbalance exists, arguing, in part, that both the federal and provincial governments have access to the same major sources of revenue and that both orders of government face significant spending pressures and limited resources. However, the Conservative Party of Canada recogni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unemployment Benefit
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (human activity), work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * new technology, technologies and inventions * Policy, policies of the government * regulation and market (economics), market * war, civil disorder, and natural disasters Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gilles Duceppe
Gilles Duceppe (; born July 22, 1947) is a Canadian retired politician, proponent of the Quebec sovereignty movement and former leader of the federal political party, Bloc Québécois. He was a Member of Parliament in the House of Commons of Canada for over 20 years and was the leader of the sovereigntist Bloc Québécois for 15 years in three stints: 1996, 1997–2011 and in 2015. He was Leader of the Official Opposition in the Parliament of Canada from March 17, 1997, to June 1, 1997. He resigned as party leader after the 2011 election, in which he lost his own seat to New Democratic Party (NDP) candidate Hélène Laverdière and his party suffered a heavy defeat; however, he returned four years later to lead the party into the 2015 election. After being defeated in his own riding by Laverdière again, he resigned once more. Early life and education Duceppe was born in Montreal, Quebec, the son of Hélène (née Rowley) and actor Jean Duceppe. His maternal grandfather was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloc Québécois
The Bloc Québécois (, , BQ) is a centre-left politics, centre-left and list of federal political parties in Canada, federal political party in Canada devoted to Quebec nationalism, Quebecois nationalism, social democracy, and the promotion of Quebec sovereignty movement, Quebecois sovereignty. The Bloc was formed in the early 1990s by Member of Parliament (Canada), Members of Parliament (MPs) who defected from the federal Progressive Conservative Party of Canada, Progressive Conservative Party and Liberal Party of Canada, Liberal Party during the collapse of the Meech Lake Accord. Founder Lucien Bouchard had been a cabinet minister in the federal Progressive Conservative government of Brian Mulroney. The Bloc seeks to create the conditions necessary for the political secession of Quebec from Canada and campaigns exclusively within the province during federal elections. The party has been described as social democratic and Quebec sovereignty movement, separatist (or "sovereign ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Official Opposition (Canada)
The Official Opposition () is the largest party of the parliamentary opposition, which is composed of Member of Parliament (Canada), members of Parliament (MPs) who are not in government. Typically, it is the second-largest party in the House of Commons of Canada, House of Commons. The Official Opposition is viewed as the caucus tasked with keeping the government in check. It is also generally viewed as the alternative government or "government in waiting". The Official Opposition maintains a Official Opposition Shadow Cabinet (Canada), shadow cabinet, with the Leader of the Official Opposition (Canada), leader of the Official Opposition at its head, of members of Parliament (MPs) and Senate of Canada, senators who often have the same Ministry (government department), portfolio areas of interest as actual Minister (government), ministers. The spokesperson for each portfolio is known as an opposition critic. In the event the government loses the confidence of the House or the Offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stephen Harper
Stephen Joseph Harper (born April 30, 1959) is a Canadian politician who served as the 22nd prime minister of Canada from 2006 to 2015. He is to date the only prime minister to have come from the modern-day Conservative Party of Canada, serving as the party's first leader from 2004 to 2015. Since 2018, he has also been the chairman of the International Democracy Union. Harper studied economics, earning a bachelor's degree in 1985 and a master's degree in 1991 at the University of Calgary. He was one of the founders of the Reform Party of Canada and was first elected in 1993 in Calgary West. He did not seek re-election in the 1997 federal election, instead joining and later leading the National Citizens Coalition, a conservative lobbyist group. In 2002, he succeeded Stockwell Day as leader of the Canadian Alliance, the successor to the Reform Party, and returned to parliament as leader of the Official Opposition. In 2003, Harper negotiated the merger of the Canadian Al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conservative Party Of Canada
The Conservative Party of Canada (CPC; , ), sometimes referred to as the Tories, is a Government of Canada, federal List of political parties in Canada, political party in Canada. It was formed in 2003 by the merger of the two main Right-wing politics, right-leaning parties, the Progressive Conservative Party of Canada, Progressive Conservative Party (PC Party) and the Canadian Alliance, the latter being the successor of the Western Canada, Western Canadian–based Reform Party of Canada, Reform Party. The party sits at the Centre-right politics, centre-right to the Right-wing politics, right of the Politics of Canada, Canadian political spectrum, with their federal rival, the Centrism, centre to Centre-left politics, centre-left Liberal Party of Canada, positioned to their left-wing politics, left. The Conservatives are defined as a "big tent" party, practicing "brokerage politics" and welcoming a broad variety of members, including "Red Tory, Red Tories" and "Blue Tory, Blue ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Child Care
Child care, also known as day care, is the care and supervision of one or more children, typically ranging from three months to 18 years old. Although most parents spend a significant amount of time caring for their child(ren), childcare typically refers to the care provided by caregivers who are not the child's parents. Childcare is a broad topic that covers a wide spectrum of professionals, institutions, contexts, activities, and social and cultural conventions. Early childcare is an important and often overlooked component of child development. A variety of people and organizations are able to care for children. The child's extended family may also take on this caregiving role. Another form of childcare is that of center-based childcare. In lieu of familial caregiving, these responsibilities may be given to paid caretakers, orphanages or foster homes to provide care, housing, and schooling. Professional caregivers work within the context of center-based care (including cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
