Reform Party Of Canada
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Reform Party Of Canada
The Reform Party of Canada () was a right-wing populism, right-wing populist and conservative List of federal political parties in Canada, federal political party in Canada that existed from 1987 to 2000. Reform was founded as a Western Canada-based Western alienation, protest movement that eventually became a populist conservative party, with strong Social conservatism in Canada, social conservative and Fiscal conservatism in Canada, fiscal conservative elements. It was initially motivated by profound Western Canadian discontent with the Progressive Conservative Party of Canada, Progressive Conservative Party (PC Party) government of Brian Mulroney. Led by its founder Preston Manning throughout its existence, Reform was considered a populist movement that rapidly gained popularity and momentum in Western Canada during the late 1980s and early 1990s. In addition to attracting social conservatives, the party was popular among Western Canadians who were disillusioned with Mulroney ...
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Canadian Confederation
Canadian Confederation () was the process by which three British North American provinces—the Province of Canada, Nova Scotia, and New Brunswick—were united into one federation, called the Name of Canada#Adoption of Dominion, Dominion of Canada, on July 1, 1867. This process occurred in accordance with the rising tide of Canadian nationalism that was then beginning to swell within these provinces and others. Upon Confederation, Canada consisted of four provinces: Ontario and Quebec, which had been split out from the Province of Canada, and the provinces of Nova Scotia and New Brunswick. The province of Prince Edward Island, which had hosted the first meeting to consider Confederation, the Charlottetown Conference, did not join Confederation until 1873. Over the years since Confederation, Canada has seen numerous territorial changes and expansions, resulting in the current number of Provinces and territories of Canada, ten provinces and three territories. Terminology Confede ...
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Budget Deficit
Within the budgetary process, deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit, the opposite of budget surplus. The term may be applied to the budget of a government, private company, or individual. A central point of controversy in economics, government deficit spending was first identified as a necessary economic tool by John Maynard Keynes in the wake of the Great Depression. Controversy Government deficit spending is a central point of controversy in economics, with prominent economists holding differing views. The mainstream economics position is that deficit spending is desirable and necessary as part of countercyclical fiscal policy, but that there should not be a structural deficit (i.e., permanent deficit): The government should run deficits during recessions to compensate for the shortfall in aggregate demand, but should run surpluses in boom times so that there is no ...
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