The Redfern Statement amounts to a scathing indictment of the Federal Government's efforts to date, describing the 2014
Federal Budget as «a disaster» for Aboriginal and Torres Strait Islander people, as well as noting the damage caused by policy upheaval and instability.
More 3.5 billion rubles ($ 58 million) of them could go to
the federal budget as taxes.
Another tab puts those science investments into context for the same time period, showing R&D spending as a percentage of the overall
federal budget as well as the nation's economy.
Rep. Bob Turner, one of three Republicans vynig for a shot to take on Sen. Kirsten Gillibrand in the fall, says he voted for
the federal budget as proposed by Rep. Paul Ryan with his «13 grandchildren firmly in mind.»
Wesfarmers boss Richard Goyder has expressed disappointment at reaction to
the federal budget as it evaluates potential value - adding transactions to augment growth from its retail, industrial and resources operations.
We asked some of Canada's finest marketing minds to evaluate 2015's
Federal Budget as if it were a product launch (which, in many ways, it is).
Not exact matches
Minister of Finance Bill Morneau is accompanied by Prime Minister Justin Trudeau
as he makes his way to deliver the
federal budget in the House of Commons on Parliament Hill in Ottawa on Tuesday, March 22, 2016 (Sean Kilpatrick / CP)
Some experts, such
as Marcus Lemon, an attorney at Polsinelli and former chief counsel to
Federal Highway Administration from 2007 to 2009, say this proposal could actually help state and local budgets, because it provides more clarity about federal contributions, thereby forcing them to adapt accor
Federal Highway Administration from 2007 to 2009, say this proposal could actually help state and local
budgets, because it provides more clarity about
federal contributions, thereby forcing them to adapt accor
federal contributions, thereby forcing them to adapt accordingly.
The latest
federal budget, for example, slashed tariffs for hockey gear — an idea
as appealing
as it is crass.
«I think
as soon
as the [
federal]
budget is introduced,» says Kane, «we're going to have a whole set of new rules to help Canadian technology companies bring in highly skilled workers.»
«Many other steps could be taken to strengthen our economy over time, such
as putting the
federal budget on a sustainable path, reforming the tax code, improving our educational system, supporting technological innovation and expanding international trade,» he said.
As The Washington Post reported in 2012, many public stations in rural areas rely on
federal government allocations for up to 50 % of their
budgets.
Budget 2015 left very little margin for error when it came to balancing the books, with a projected surplus of $ 1.4 billion plus an additional $ 1.0 billion
as a contingency reserve, giving the
federal government a $ 2.4 billion margin for error.
«Since the
federal government won't lead, Ontario will lead by developing a «made - in - Ontario» solution,» Finance Minister Charles Sousa said
as he delivered the
budget in the legislature.
The unanimous vote by the financial review commission, which was created
as part of the city's
federal court - approved debt adjustment plan, enables Detroit's elected officials to enact
budgets and enter into contracts without first obtaining the board's approval.
He favors passing a balanced
budget amendment,
as well
as giving Congress audit authority over the
Federal Reserve.
As Canadian Business went to press, it was widely expected that
federal Finance Minister Jim Flaherty's March 29
budget would include an announcement that the cutoff for Old Age Security (OAS) will be raised, which could compel millions of Canadians to delay their golden years.
In a report published in February, Parliamentary
Budget Officer Kevin Page projects the cost of elderly benefits will increase from $ 36 billion today to a peak of $ 142 billion in 2036 - 37 — but
as dire
as that fourfold increase may sound, that will amount to a relatively small portion of the nation's economy (3.2 % of GDP), and Page estimates that «the
federal fiscal structure is sustainable.»
This weakness will put additional pressure on provincial
budgets in Alberta, Saskatchewan and Newfoundland and Labrador
as well
as on the
federal budget.
If various personal deductions were eliminated
as the plan proposes, it could still leave a $ 2.2 trillion addition to the deficit over 10 years, according to the analysis from the Committee for a Responsible
Federal Budget.
Such a cut fits into Trump's «America first» worldview, but is alarming to lawmakers who see diplomacy and foreign aid
as a small but crucial component of the
federal budget, just more than 1 %.
As the
budget process illustrated last year, the
federal government can use subsequent
budget omnibus bills to include changes not mentioned in March
budgets.
We're now approaching the end of that «next term,» and the
budget is pretty close to being balanced, so we're now seeing increased attention to TFSAs
as we get closer to the 2015
federal budget.
McMillan appeared at a news conference in Ottawa one day before the
federal budget is to be presented but the event was cast
as the introduction to a series of economic reports, not pre-
budget advice.
Two weeks after Redford's remarks,
federal Finance Minister Jim Flaherty told reporters lower government revenues follow from lower commodity prices like «night follows the day,» meaning a hard line of spending
as he approaches his own coming
budget.
But then, one could dismiss just
as handily the proposed 2018
federal budget that the White House released yesterday.
The Congress faces an array of policy choices
as it confronts the challenges posed by the amount of
federal debt held by the public — which has more than doubled relative to the size of the economy since 2007 — and the prospect of continued growth in that debt over the coming decades if the large annual
budget deficits projected under current law come to pass.
It's just about the same
as federal — the
federal budget is getting up there.
The Congressional
Budget Act of 1974 defines tax expenditures
as «revenue losses attributable to provisions of the
Federal tax laws which allow a special exclusion, exemption, or deduction from gross income or which provide a special credit, a preferential rate of tax, or a deferral of tax liability.»
However, a
budget deficit that takes the form of transfer payments to banks,
as in the case of the post-September 2008 bank bailout, the
Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the
Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public infrastructure investment or the purchase of other goods and services.
The Parliamentary
Budget Office has been warning that the
federal government has been running a «structural deficit» for several years now, and the Conservative government has been dismissing those warnings for just
as long.
, which is not entirely fair,
as most anyone who follows
federal politics will know Mr. Wilks
as the backbencher who was very briefly concerned about one of last year's
budget bills.)
As the president's last
budget director, he helped engineer the only
federal surplus to be recorded over a span of almost 40 years.
DeMarco: It's not only the debt ceiling; the continuing resolution on the
federal budget is set to expire on December 8
as well, and there are some concerns about whether Congress will be able to avoid a government shutdown.
The Fed is expected to continue raising rates, while Congress needs to wrestle with big - ticket issues such
as tax reform, the debt ceiling, and the
federal budget.
The analysis does not include an additional cost of the legislation: its repeal of the individual mandate, which the Congressional
Budget Office estimates could cause
as many
as 13 million fewer people to have health insurance, reducing
federal spending for poor and middle - class Americans» health insurance by $ 338 billion over 10 years.
As it did with the
federal government, Kinder Morgan has worked the province from all the angles available to big corporations with endless lobbying
budgets.
Past achievements include building the case for deficit reduction in the 1980s and early 1990s, for consolidation of the Canada and Quebec Pension Plans in the late 1990s, a series of shadow
federal budgets and fiscal accountability reports in that began in the 2000s, and work on marginal effective tax rates on personal incomes and business investment, which has laid the foundation for such key changes
as sales tax reform, elimination of capital taxes, and corporate income tax rate reductions.
According to an August report by the Congressional
Budget Office (CBO), debt will likely continue to grow
as spending for large
federal benefit programs — Social Security, Medicare and the like — outpaces revenue.
The
federal government recorded a
budget deficit of $ 215.2 billion in February, up significantly from a year ago
as the impact of the GOP tax cuts passed in December begin to surface.
The so - called Rohrabacher - Farr amendment was passed
as part of the broader resolution on the
federal budget — and it could get tangled up once more in the upcoming fight over
federal spending.
Initially sold
as a bonus to Canadians for balancing the
federal budget, the Conservative Party is now touting the benefit cheques
as tonic for a suddenly sputtering economy and
as a job - creation plan The government is now touting their recently enhanced universal child - care benefit
as tonic for a faltering economy and
as a job - creation plan.
With respect to the 2016
Federal Budget announcement, effective January 1, 2017, switches between Corporate Class mutual funds will no longer benefit from tax - deferred treatment, and instead will be treated
as a disposition at fair market value, triggering a capital gain or loss.
The
Federal government is expected to boost the amount it intends to borrow in the coming months,
as the Treasury contends with declining tax receipts
as a result of the recent corporate and personal tax cuts,
as well
as widening
budget deficits and a
Federal Reserve that is slowly reducing its own holdings of government bonds.
Initially sold
as a bonus to Canadians for balancing the
federal budget, the government is now touting the benefit cheques
as tonic for a suddenly sputtering economy and
as a job - creation plan.
Here's what you need to watch for
as the
federal parties release their platform
budgets, like appearances of the cost - cutting fairy, and the revenue fairy
Louis - Philippe Rochon Associate Professor, Laurentian University Co-Editor, Review of Keynesian Economics With the tabling of a new
federal budget on April 21, the Conservatives are trying to reinvent themselves
as good economic managers, stalwart of sound finance.
In the 2006
Budget, the government promised to reduce the deficit by $ 3 billion per year; to reduce the
federal debt - to - GDP ratio to 25 per cent by 2012 - 13; to eliminate the total government sector debt (which includes the
federal, provincial and local governments
as well
as the Canada and Quebec pension plans) by 2021; and finally, to keep the growth in program expenses below the rate of growth in nominal GDP.
OTTAWA —
As Finance Minister Jim Flaherty delivers the
federal budget Thursday in the House of Commons, the Office of the Parliamentary Budget Officer will deliver arguments in court seeking clarity on its mandate and more information on the Conservative government's spending
budget Thursday in the House of Commons, the Office of the Parliamentary
Budget Officer will deliver arguments in court seeking clarity on its mandate and more information on the Conservative government's spending
Budget Officer will deliver arguments in court seeking clarity on its mandate and more information on the Conservative government's spending cuts.
As Canada strives to fulfill its obligations under the Paris Agreement, the 2017
federal budget outlined plans to double investments in clean energy innovation by 2020, with $ 2.2 billion earmarked to support cleantech R&D, commercialization and adoption.