Finally,
the federal budget includes a $ 208.3 million Affordable Rental Housing Innovation Fund, to be administered by the Canada Mortgage and Housing Corporation, specifically focused on construction of 4,000 new affordable housing rental units over five years.
The newly - approved
federal budget includes great news for fans of space exploration and development.
The recently released 2016
Federal Budget includes a proposal to prevent the deferral of capital gains tax by investors in mutual fund corporations.
Tuesday's
federal budget included several changes that will affect investors — in the future if not immediately.
The recent
federal budget included $ 325 million for a Green Investment Fund that will help tackle climate change.
«Last year's
federal budget included more than $ 200 million in funding for the Office of Personnel Management,» Birdsall said.
The Turnbull government declared its «rock solid» commitment to universal health care with a $ 10 billion pledge to health in the 2017 - 18
Federal Budget including the staggered withdrawal of the Medicare indexation freeze and establishment of a Medicare Guarantee Fund to ensure longevity of universal health care and access to medicines.
Not exact matches
The latest batch of recommendations also
includes a fund of about $ 100 million to help promising smaller companies expand, and a suggestion that the
federal government use its $ 18 - billion procurement
budget to favour young companies that need an anchor client.
The upcoming
federal budget will likely
include specifics, dollar amounts and details on how various initiatives under the government's Innovation Agenda will roll out.
The vast majority of ideas in the playbook — covering areas
including taxes, the
federal budget, entitlements, infrastructure, immigration, energy, regulation, and education — garnered between 60 % and 80 % support in our polls.
The
federal government's 2013
budget unveiled Thursday contains a select few initiatives aimed at reducing costs at the household level
including efforts to close the U.S. - Canada price gap for young families.
The president's $ 4.4 trillion
budget, unveiled Monday,
includes federal spending of $ 200 billion for infrastructure upgrades; $ 18 billion for Trump's border wall; and $ 716 billion for national defense.
The
budget proposal also
included plans to eliminate duplicative energy programs and wasteful spending to help get «
federal government out of the way and allow the private sector to do its job and flourish.»
NDP MP Thomas Mulcair, who represents the Montreal riding of Outremont, further suggested that the
federal government was stalling on finalizing the agreement, rather than
including it in the
budget, for political reasons.
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.
But none of the broken things would be fixed by Donald Trump's proposed
budget, which does away with
federal subsidization of interest on student loans and eliminates the program that forgives loans for people who enter public service (
including teachers)-- among other education - related cuts.
As the
budget process illustrated last year, the
federal government can use subsequent
budget omnibus bills to
include changes not mentioned in March
budgets.
In the end, a
federal arbitrator chose Air Canada's final offer that
included provisions allowing the airline to create a
budget carrier.
The three per cent figure for 2017 matches the projection by private - sector economists that was
included in the
federal budget Tuesday.
ALBANY, N.Y., March 31 - New York Governor Andrew Cuomo and the state legislature agreed late on Friday on a $ 168 billion
budget for fiscal 2019,
including measures aimed at offsetting damage to taxpayers from new
federal tax changes.
This procedural tool would allow the chamber to pass certain kinds of legislation which affects the
federal budget —
including spending on programs like Obamacare, Medicare, Medicaid, welfare, and Social Security — with a simple majority.
Shapiro of MFR says a July move is possible, especially because of rising concern that September will feature a standoff over the
federal budget for fiscal year 2016 that could
include another government shutdown.
It's not yet clear who might replace Cohn — potential names being floated
include Navarro, conservative economic commentator and former Reagan aide Larry Kudlow, Office of Management and
Budget Director Mick Mulvaney, former restaurant chain CEO Andrew Puzder, former
Federal Reserve Gov. Kevin Warsh, and Shahira Knight, Cohn's deputy.
Far from being an ivory - tower exercise, Moore's proposal
includes a proposed structure, staffing and organizational plan, and a five - year
budget that would be shared across the
federal and provincial governments.
The paper concludes that with the policy changes to date,
including budget cuts and the changes to the Canada Health Act and to the elderly benefit system, the
federal government will have a long - term sustainable fiscal structure characterized by a declining debt to GDP ratio.
To deliver on the new national climate plan, the next
federal budget will need to
include funding for initiatives to reduce carbon pollution.
Our survey shows that a large majority of Canadians support or would accept allocating funding in the 2017
federal budget to a range of clean energy priorities,
including:
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.
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.
Congressional Republicans —
including nearly all of the Texas delegation — spent the aftermath of Hurricane Sandy insisting that any new funding for hurricane relief had to be offset with cuts elsewhere in the
federal budget.
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.
Over the 10 years between
budget 2006 and
budget 2014, and
including the PM's announcements in October 2014, the net impact of all tax measures will be almost $ 332 billion, equal to almost 17 per cent of annual GDP and almost one - half of total
federal debt.
VICTORIA — Dan Woynillowicz, policy director at Clean Energy Canada, made the following statement in response to the
federal government's 2018
budget: «Today's
budget announced support for implementing key pieces of the government's climate change and clean growth plan,
including putting a price on carbon pollution and extending tax support for clean energy.
Along with the
federal government's 2018
budget highlighting pay equity and expanded parental leave, many other events have taken place since the beginning of March,
including those that marked International Women's Day and the latest session of the...
The Canadian bond market remained stable against a number of national and international events,
including the delivery of the Canadian
federal budget, a U.S. interest rate hike and continuing Brexit developments.
Mr. Page never expected to be the Parliamentary
Budget Officer, nor had he actively sought the position He had worked in several
federal departments,
including the Department of Finance in the Economic Analysis and Fiscal Forecasting Branch and in the Privy Council Office as Deputy Head of the Planning and Priorities Division.
With Parliament off on its winter break and a lack of any news out of Ottawa, speculation has started on the timing of the upcoming
federal budget and what it may
include.
Budget resolution: A non-binding Congressional outline for
federal spending and revenues for the next fiscal year,
including targets for the subsequent four fiscal years.
The GOP bill
including some changes would increase
federal budget deficits by $ 1.7 trillion over 10 years, according to Joint Committee on Taxation estimates shared by the nonpartisan Congressional Budget O
budget deficits by $ 1.7 trillion over 10 years, according to Joint Committee on Taxation estimates shared by the nonpartisan Congressional
Budget O
Budget Office.
In December, Prime Minister Justin Trudeau said he was hopeful a deal with Bombardier could be reached before the spring
federal budget, adding that all countries,
including Brazil, help their aerospace sectors.
Was the increased cost of the renovation of the
federal building
included in that
budget?
But several conservative Republicans,
including Harris, believe the debt ceiling should be raised only if it comes with spending controls to reduce
federal budget deficits.
These
included the introduction of the Canada Child Benefit and the restoration of the age of eligibility for
federal pensions to 65 from 67, coupled with increased infrastructure spending in the March 2016
Budget.
It also
includes cuts to non-defense spending designed to lower the
federal budget deficit by more than $ 3 trillion over the next decade.
The statistics office also said that the public sector, which
includes the
federal government, regional states, municipalities and social funds, posted a record
budget surplus of 38.4 billion euros, or 1.2 percent of GDP, in 2017.
But the recent
federal budget approved last month could offer much needed relief with more than $ 1 billion
included for dairy farmers.
President Donald Trump's proposed 2018
budget would create the first
federal plan for paid parental leave,
including fathers, in the U.S. Dan Merica reports for CNN and Danielle Kurtzleben reports for NPR.
The two - pronged response to the
federal tax reform law
included in the new state
budget could be challenged and / or scuttled by the IRS.
The state
budget includes no significant new controls or oversight on how the Cuomo administration spends money on economic development projects, and that troubles many lawmakers after
federal prosecutors accused eight men of bid - rigging schemes in earlier development projects.
Tentative deals have been reached on parts of a new state
budget,
including about $ 1 billion in additional funding for public schools, a work - around for some higher - income New Yorkers to reduce the impact of new
federal tax deduction limits, and a freeze on what Albany sends to local governments around the state.