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2019 Canadian Federal Budget
The Canadian federal budget for fiscal year 2019–20 was presented to the House of Commons by Finance Minister Bill Morneau on March 19, 2019. This was the last budget before the 2019 federal election. The deficit is projected to rise to $19.8 billion, after including a $3 billion adjustment for risk. The budget introduced $22.8 billion of new spending over six years. The budget will not make any changes to the income tax brackets for individuals or corporations. This was later refined to $39.4 billion when the Annual Financial Report of the Government of Canada for Fiscal Year 2019–2020 was released. This budget would be the final federal budget presented by Bill Morneau before his resignation as finance minister amid the WE Charity scandal. The projected deficit of $19.8 billion would result in a deficit of ca. 0.9% of GDP. At the same time the GDP grew by 1.6% in 2019. New Expenditures This budget aims to reduce interest rates on postsecondary students' Canada Student ... [...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 five-week election campaign period for the 2019 federal election. Significant legislation adopted during the 42nd Parliament included the '' Cann ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberal Party Of Canada
The Liberal Party of Canada (LPC; , ) 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 Centrism, centre to Centre-left politics, centre-left of the Politics of Canada, Canadian political spectrum, with their main rival, the Conservative Party of Canada, Conservative Party, positioned to their Right-wing politics, right and the New Democratic Party positioned to their Left-wing politics, 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 th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Morneau
William Francis Morneau Jr. (born October 7, 1962) is a Canadian businessman and former politician who served as minister of finance and member of Parliament (MP) for Toronto Centre from 2015 to 2020. Morneau was the executive chairman of the company founded by his father, and Canada's largest human resources firm, Morneau Shepell (now TELUS Health), 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. As finance minister, Morneau expanded the Canada Pension Plan, introduced the Canada Child Benefit, and oversaw government aid du ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Of Commons Of Canada
The House of Commons of Canada () is the lower house of the Parliament of Canada. Together with the Monarchy of Canada#Parliament (King-in-Parliament), Crown and the Senate of Canada, they comprise the Bicameralism, bicameral legislature of Canada. The House of Commons is a democratically elected body whose members are known as Member of Parliament (Canada), members of Parliament (MPs). The number of MPs is adjusted periodically in alignment with each decennial Census in Canada, census. Since the 2025 Canadian federal election, 2025 federal election, the number of seats in the House of Commons has been 343. Members are elected plurality voting, by simple plurality ("first-past-the-post" system) in each of the country's Electoral district (Canada), electoral districts, which are colloquially known as ''ridings''. MPs may hold office until Parliament is dissolved and serve for constitutionally limited terms of up to five years after an election. Historically, however, terms have ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2019 Canadian Federal Election
The 2019 Canadian federal election was held on October 21, 2019. Members of the House of Commons were elected to the 43rd Canadian Parliament. In keeping with the maximum four-year term under a 2007 amendment to the ''Canada Elections Act'', the writs of election for the 2019 election were issued by Governor General Julie Payette on September 11, 2019. With 33.12% of the vote for the Liberal Party, led by incumbent Prime Minister Justin Trudeau, the 2019 election set, at the time, a record for the lowest vote share for a party that would go on to form a single-party minority government (this record would later be beaten in the subsequent 2021 federal election). The Liberals lost the popular vote to the Conservative Party by one per cent, marking only the second time in Canadian history that a governing party formed a government while receiving less than 35 per cent of the national popular vote, the first time being the inaugural 1867 Canadian federal election after Conf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Tax In Canada
Income taxes in Canada constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In the fiscal year ending March 31, 2018, the federal government collected just over three times more revenue from personal income taxes than it did from corporate income taxes. Tax collection agreements enable different governments to levy taxes through a single administration and collection agency. The federal government collects personal income taxes on behalf of all provinces and territories. It also collects corporate income taxes on behalf of all provinces and territories except Alberta. Canada's federal income tax system is administered by the Canada Revenue Agency (CRA). Canadian federal income taxes, both personal and corporate income taxes, are levied under the provisions of the '' Income Tax Act''. Provincial and territorial income taxes are levied under various provincial statutes. The Canadian income tax system is a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WE Charity Scandal
A political scandal took place in Canada in 2020 regarding the awarding of a federal contract to WE Charity to administer the $912 million Canada Student Service Grant program (CSSG). The controversy arose when it was revealed that the WE charity had previously paid close family of Prime Minister Justin Trudeau to appear at its events, despite making claims to the contrary. In total, Craig Kielburger confirmed at a parliamentary committee, WE Charity paid approximately $425,000 to Trudeau's family including expenses. WE Charity also used pictures of Trudeau's family members as celebrity endorsements in their application. Trudeau stated that WE Charity had been uniquely capable of administering the program as "the only possible option", and that it was the civil service, not him, who decided that WE Charity was the best option. It was noted that not only had the charity employed a daughter of former Finance Minister Bill Morneau but a close relationship existed between the minis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Student Loans
Student loans in Canada are government-supported financial aid programs designed to help post-secondary students cover the costs of their education. The federal government funds the Canada Student Loan Program (CSLP), which works in collaboration with provinces and territories. Some provinces operate their own student loan programs, while others integrate with the CSLP for streamlined assistance. In addition to government-backed loans, Canadian banks offer commercial loans tailored for students in professional programs. Government loans Canadian citizens, permanent residents of Canada living in any province for over a year, and protected persons are normally eligible for loans provided by the federal government, through the CSLP, in addition to loans provided by their province of residence. Loans issued to full-time students are interest free while a student is in full-time studies. Students receiving a Canada Student Loan (CSL) for the first time on or after August 1, 1995, are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unemployment Benefits
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 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 technologies and inventions * policies of the government * regulation and 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 monetary authority of a country, such as the central bank, can ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Budgets
Canadians () 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 and Canadian values. Canada has also been strongly influenced by its linguistic, geographic, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2019 Government Budgets
Nineteen or 19 may refer to: * 19 (number) * One of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (1987 film), a 1987 science fiction film * '' 19-Nineteen'', a 2009 South Korean film * '' Diciannove'', a 2024 Italian drama film informally referred to as "Nineteen" in some sources Science * Potassium, an alkali metal * 19 Fortuna, an asteroid Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album '' 63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle * "Stone in Focus", officially "#19", a composition by Aphex Twin * "Nineteen", a song from the 1992 album ''Refugee'' by Bad4Good * "Nineteen", a song from the 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
