Sentences with phrase «main budgets of»

Not exact matches

The four main anxiety points he hears about: taxation and budgets; changes to labour laws; more environmental regulation; and changes to resource industries» use of Crown land.
What was not stressed was that the main source of global inflation was the United States, whose war in Southeast Asia had created a budget deficit and forced the world off gold.
Otherwise, the credibility of the Main Estimates and / or Budget will come under attack.
thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!
Charges for these services are netted against spending in the Main Estimate, but classified as part of «other revenues» in the Budget.
Pending resolution of the accrual accounting issue, there is no reason why the Main Estimates can not be made more compatible to the Budget by eliminating other differences.
I'd look into cheaper housing, cheaper vehicle and I agree w / the point about the college being one son needs to step up on and making even small savings, shelter, food and transportation the main focus of the budget.
This implies that the Budget should be tabled in late January or in early - to mid-February, in order to give the Treasury Board Secretariat time to make the Main Estimates of spending consistent with the economic assumptions and spending decisions underlying the Budget.
With the upcoming tabling of the 2013 Budget, there will again be major differences between the Main Estimates and the Budget for total spending.
The Main Estimates also excludes a number of items that are included as expenses in the Budget.
If you were to ask the Minister of Finance, who is responsible for the budget, and the President of the Treasury Board, who is responsible for the Main Estimates, you would get two different answers.
The Main Estimates exclude a number of spending components included in the Budget.
The above two accounting differences explain about $ 30 billion of the difference between the Budget estimates of spending and those in the Main Estimates.
Budget expenses are on an accrual basis of accounting while the Main Estimates are on a cash basis.
We have documented the differences between the Main Estimates and Budget / Update in previous blogs (1) and have encouraged the Government to take steps to make the Estimates more comparable in concept and coverage to the Budget / Update and to provide reconciliations of any remaining differences.
When the Main Estimates are tabled before a Budget, they do not include any of the policy initiatives and restraint measures proposed in that Budget.
It is doubtful that the recent classification changes announced by the Department of Finance will be reflected in the Main Estimates, thereby increasing the confusion between spending in the Main Estimates and in the Budget and related documents.
There is absolutely no reason why the Main Estimates of government spending can not be put on the same basis as the Budget estimates of spending.
Five of the seven budgets of the government have been tabled after the Main Estimates, thereby making the budget estimates of spending inconsistent with the Main Estimates of government spending.
Budget expenses, for example, are on an accrual basis of accounting while the Main Estimates are on a cash basis.
This meant that Main Estimates of government spending, which were tabled on February 28, 2012, were based on economic assumptions presented in the previous Fall 2011 Update and not those in the 2012 budget.
There is no reason why the Main Estimates of government spending can not be on the same basis as the Budget estimates of expenses.
Did the Government accept any of the recommendations of the House of Commons Standing Committee on Government Operations and Estimates regarding the alignment of the budget and the Main Estimates?
Reconciliation of Spending: Estimates and Budget 2013 ($ billions) 2012 - 13 2013 - 14 Difference Main Estimates Voted 91.9 87.1 -4.9 Statutory 160.0 165.5 5.5 Total 251.9 252.6 0.7 Supplementary Estimates Voted 6.7 1.1 Statutory 0.4... Total 7.1 1.1 Total Estimates Voted 98.5 88.2 -10.3 Statutory 160.4 165.5 5.1 Total 259.0 253.6 -5.4
Supplementary Estimates include the cost of budget measures, which were not sufficiently developed in time for inclusion in the Main Estimates or unexpected spending requirements.
As a result, in most years since 2006, the Main Estimates have been out of step with the Budget projections.
The President of the Treasury Board tabled the Main Estimates for 2012 - 13 on February 28, 2012, approximately one month in advance of the tabling of 2012 Budget scheduled for March 29th.
The President of the Treasury Board indicated that, given that the Main Estimates are being tabled before the Budget, the Main Estimates for 2012 - 13 would not include the impact of any of the upcoming proposed spending reductions.
This, along with an overly rosy economic forecast and increased enforcement and compliance by the Canada Revenue Agency were the main factors underlying the government's forecast of a balanced budget in 2015 - 16.
The four pillars are: timing of the tabling of the Main Estimates; the scope and accounting methods used in the Estimates and the Budget; changes to the current vote structure; and changes to the Reports on Plans and Priorities and the Departmental Performance Reports.
When Budget 2014 was tabled before Main Estimates 2014 - 15, we were naively hoping that the President of the Treasury Board would provide a detailed reconciliation between spending in the Main Estimates and spending in the Budget for 2014 - 15.
«GDP, GDI, terms of trade and why Canada is in a recession: It's all about the beer and pizza Main The Parliamentary Budget Office is asking for public support.
Mr. Medvedev noted that the state budget and state - controlled companies were the main drivers of the growth in recent years, calling for steps to help small - and medium - size companies grow.
Although the Minister of Finance saw fit to update his March 22, 2011 Budget expense projections in the June 2011 Budget, the Main Estimates for 2011 - 12 continued to be based on the out - of - date October 2010 Update, although it would not have been a major exercise to change the Main Estimates accordingly.
The Parliamentary Budget Office (PBO) has recently begun to provide analytical notes on the Main and Supplementary Estimates to assist parliamentarians in their scrutiny of the government spending.
In our view, tabling the Budget after the Main Estimates undermines the usefulness and credibility of the spending forecasts in the Main Estimates.
There is also a full reconciliation of budget expenses (accrual basis) for 2018 - 19 and Main Estimates spending (modified cash basis) for 2018 - 19.
For 2016 - 17, the Budget forecast total expenses of $ 317.1 billion, while the Main Estimates projected total spending of $ 250.1 billion, $ 67 billion lower.
As noted in other blogs, the Main Estimates do not include many of the new initiatives proposed in the Budget, given the difference in timing.
The Update also included a large number of spending initiatives (about $ 10 billion over six years), thereby ensuring that these initiatives would be included in Main Estimates for 2018 - 19 as part of efforts to increase transparency and accountability between the budget expenses and the Main Estimates expenditures.
In all five years, however, it is difficult to justify why the Budget was not tabled in advance of the Main Estimates.
This was the case until 2003 Beginning in 2004 the Main Estimates were tabled before the Budget in five of the six years — 2004, 2006, 2007, 2010, and 2011.
In years where the Main Estimates were tabled prior to the Budget, the Main Estimates were based on the economic and fiscal assumptions in the last Economic and Fiscal Statement, which is usually released in the fall of the preceding year.
With this new deadline, it is difficult to understand why the Budget can not be tabled in February, in advance of the tabling of the Main Estimates.
In these cases, the Main Estimates did not include any of the proposed budget measures, nor were they based on the budget's economic assumptions.
The Reserve Bank of India cut its main repurchase rate by 0.25 percentage point to 7.5 %, citing weakness in parts of the economy as well as favorable inflation figures and structural overhauls included in the government's proposed budget.
We have identified three main sources of difference between the Budget / Public Accounts and the Estimates: accrual accounting (already discussed); the universe covered; and the lapse.
The main focus of budget 2016 should be on tax cuts (already announced), the CCB, EI reform, growth and jobs.
This implies that if the Budget is tabled after or shortly before March 1st, the Main Estimates will not include any of the budget initiatives and would not be based on the economic assumptions underlying the budget forBudget is tabled after or shortly before March 1st, the Main Estimates will not include any of the budget initiatives and would not be based on the economic assumptions underlying the budget forbudget initiatives and would not be based on the economic assumptions underlying the budget forbudget forecast.
The budget continues to be tabled after the Main Estimates, rendering the Estimates out - of - date the moment the budget is tabled /.
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