Sentences with phrase «federal deficit for»

Ottawa says federal deficit for 2016 - 17 was $ 17.8 billion, CTV News Ticket tossed: Stopped for driving 1 km / h over speed limit, «disrespecting» officer, CTV News

It should not have come to anyone's surprise that the announcement by the Prime Minister that the federal deficit for 2013 - 14 was $ 5.2 billion, substantially lower than the $ 16.6 billion forecast in the February 2014 budget.

With the federal deficit for 2010 sitting at $ 53.8 billion and most provinces also facing shortfalls, Manley says tax hikes may be the only way to stem the bleeding.

Not exact matches

Ahead of the 2016 federal budget, I had a list of eight things to watch for, beyond the size of the deficit.

Canada's new Federal Balanced Budget Act allows for budgetary deficits when a recession is «has occurred, is occurring or is forecast» — a condition met by TD's recession projections.

Thirteen months later, with Canadians staring at a $ 56 - billion crater in the government's finances, the minister got testy with reporters who were asking for his response to a report from the Parliamentary Budget Office that predicted a federal deficit of nearly $ 20 billion in 2013 - 14.

For starters, Prime Minister Stephen Harper has promised to fight the federal deficit, expected to reach $ 56 billion by fiscal year - end, with «fiscal discipline» instead of tax increases.

The federal deficit, however, is undebatably swollen, and President Obama has asked the public for good ideas to be sent his way.

Most outside economic analyses say the type of tax cuts being promoted by Trump would likely fuel even larger deficits for a federal government already projected to see its debt steadily rise.

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.

The latest federal forecast, released last October, projected a $ 14.3 - billion deficit for 2019 - 20 and doubts persist that Tuesday's budget will show a revised timeline for getting back to black.

Fink said a corporate rate as high as 27 percent could satisfy U.S. businesses» need for tax relief, while avoiding an increase in the federal deficit.

According to Congressional Budget Office estimates, enacting the bill would shrink the federal budget deficit by $ 175 billion by 2020, lift GDP by 5.4 % over the next 20 years, increase national productivity, balloon the workforce by about 5 % by 2033, raise the return on capital, and (although the CBO didn't put it this way) create a $ 46 billion windfall for entrepreneurs supplying security operations along the U.S. southern border.

Hungry for legislative victory after repeated failures in their push to overturn Obamacare, many Republicans are now willing to accept a tax plan that raises the federal deficit, a fact that bothers some deficit hawks.

The result: a need for greater private - sector financing of federal deficits.

While Republican leaders and Trump administration officials promised as recently as three weeks ago that the bill would pay for itself with economic growth, the analyses have been universal: They have shown that the bill would add roughly $ 1 trillion or more to the federal deficit over 10 years, even when accounting for the growth.

Q: Will Congress» approval of trillion - dollar federal budget deficits this year and next and perhaps into the future be good for the economy?

Finance Minister Jim Flaherty, Treasury Board President Tony Clement and International Trade Minister Ed Fast are expected to retain their portfolios, according to government sources, as the Conservatives work to eliminate the deficit, re-engineer the public service and conclude major trade agreements in time for the 2015 federal election.

Under current law, the individual mandate and its associated penalties increase federal deficits by encouraging people to obtain subsidized coverage — through Medicaid, the health insurance marketplaces established under the ACA, or employment - based plans (which receive indirect subsidies to the extent that premiums for that coverage are excluded from taxable compensation).

For the government sector, large federal budget deficits are a constraint and fiscal policy is slowly shifting from an expansive policy back toward restraint.

By 1997 - 98 the deficit had been eliminated and the federal government then ran surplsuses for the next nine years.

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.

With the onset of the 2008 - 09 recession and the subsequent G20 agreement for countries to introduce temporary stimulus spending equivalent to 2 percent of GDP, the federal deficit ballooned to $ 55.6 billion in 2009 - 10; $ 33.0 billion in 2010 - 11; $ 26.3 in 2011 - 12; $ 18.4 billion in 2012 - 13 and $ 5.2 billion in 2013.14.

For the first three months of fiscal year 2011 - 12, the federal government posted a deficit of $ 5.5 billion, down $ 1.7 billion from the $ 7.2 billion reported in the same period in 2010 - 11.

For the first eleven months of fiscal year 2017 - 18, the federal government recorded a deficit of $ 5.6 billion, compared to a deficit of $ 11.5 billion for the same period in 2016 - 17 — an improvement of $ 5.9 billiFor the first eleven months of fiscal year 2017 - 18, the federal government recorded a deficit of $ 5.6 billion, compared to a deficit of $ 11.5 billion for the same period in 2016 - 17 — an improvement of $ 5.9 billifor the same period in 2016 - 17 — an improvement of $ 5.9 billion.

Finance Minister Joe Oliver's only job strategy is to hope for a recovery in the U.S. Apparently, he believes there is nothing the federal government can do to strengthen domestic demand and job creation, except to stick to its plan to eliminate the deficit by 2015 - 16.

Neither Clinton nor Trump would boost growth or reduce debt and deficits, according to the Committee for a Responsible Federal Budget.

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.

In a dress rehearsal for this November's mid-term election, Democrats and Republicans vied last week for who could denounce the banks and blame the other party the most for the giveaways to Wall Street that have swollen the public debt since September 2008, pushing the federal budget into deficit and the economy into a slump.

They argue that, since 2009, the federal government's plans to balance the budget have been based on «risky projections, optimistic forecasts of revenue growth and unrealistic plans for spending restraint», which have resulted in increases in the projected deficit with each successive budget, and the pushing out of the date that the deficit would be eliminated.

They advocate advancing the date for eliminating the federal deficit in 2014 - 15.

Democrats Say «Bye» to Populist Option In a dress rehearsal for this November's mid-term election, Democrats and Republicans vied last week for who could denounce the banks and blame the other party the most for the giveaways to Wall Street that have swollen the public debt since September 2008, pushing the federal budget into deficit and the economy into a slump.

But according to a recent C.D. Howe study, the federal government could run a permanent structural deficit of 1 % of GDP ($ 20 billion) and still maintain a stable debt ratio of 25 %, which happens to be the Conservative government's target for 2022.

This policy action eliminated a $ 13 billion surplus left by the previous government, created a structural deficit at the federal level, and an unsustainable long - term fiscal situation for the federal government.

For the eleven - month period ending February 2012, the deficit for the federal government was $ 14.5 billion, down $ 13.8 billion from the deficit of $ 28.3 billion reported in the same period in 2010 - For the eleven - month period ending February 2012, the deficit for the federal government was $ 14.5 billion, down $ 13.8 billion from the deficit of $ 28.3 billion reported in the same period in 2010 - for the federal government was $ 14.5 billion, down $ 13.8 billion from the deficit of $ 28.3 billion reported in the same period in 2010 - 11.

For the first four months of fiscal year 2012 - 13 (April to July), the federal government posted a deficit of $ 3.0 billion, $ 2.9 billion lower than the $ 5.9 billion reported in the same period in 2011 - 12.

For the first eleven months of fiscal year 2013 - 14, the federal government posted a deficit of $ 5.4 billion, an improvement of $ 5.3 billion from the deficit of $ 10.7 billion reported in the same period in 2012 - 13.

For the first three months of fiscal year 2012 - 13 (April to June), the federal government posted a deficit of $ 2.0 billion, less than half of the $ 4.2 billion deficit reported in the same period in 2011 - 12.

For the first seven months (April to October) of fiscal year 2012 - 13, the federal government posted a deficit of $ 10.6 billion, down $ 3.3 billion from the deficit of $ 13.9 billion reported in the same period in 2011 - 12.

For the period April to March of fiscal year 2012 - 13, the federal government posted a deficit of $ 18.3 billion, down $ 3.2 billion from the deficit of $ 21.6 billion reported in the same period in 2011 - 12.

For the first two months of fiscal year 2013 - 14, the federal government posted a deficit of $ 2.7 billion, up $ 0.9 billion from the same period in 2012 - 13.

For the first three months of fiscal year 2014 - 15, which ended March 31, the federal government posted a surplus of $ 400 million, an improvement of $ 3 billion from the deficit of $ 2.6 billion recorded in the same period in 2013 - 14.

For the first six months of fiscal year 2013 - 14, the federal government posted a deficit of $ 10.7 billion, an increase of $ 1.3 billion from that reported in the same period in 2012 - 13.

For the period April to February of fiscal year 2012 - 13, the federal government posted a deficit of $ 11.8 billion, down $ 0.8 billion from the deficit of $ 12.6 billion reported in the same period in 2011 - 12.

Financial results just released by the Finance department for the first eight months (April to November) of the 2014 - 15 fiscal year show that the federal government posted a deficit of $ 3.3 billion, an improvement of $ 10.1 billion from the deficit of $ 13.4 billion recorded in the same period in 2013 - 14.

In the 2015 election, Trudeau ran on an economic platform that touted deficit - financed infrastructure spending and a boost in federal benefits for families with kids.

For the first six months of fiscal year 2012 - 13, the federal government posted a deficit of $ 8.9 billion, down $ 2.9 billion from the $ 11.8 billion reported in the same period in 2012 - 13.

For the first five months of fiscal year 2011 - 12, the federal government posted a deficit of $ 10.7 billion, down $ 2.8 billion from the $ 13.5 billion reported in the same period in 2010 - 11.

For the first seven months (April to October) of the fiscal year 2013 - 14, the federal government posted a deficit of $ 13.2 billion, an increase of $ 1.3 billion from that reported in the same period in 2012 - 13.