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The Canadian federal budget for the fiscal years of 2020–21 and 2021–22 was presented to the House of Commons by finance minister Chrystia Freeland on 19 April 2021. [5] The Canadian government did not produce a budget in 2020 due to the COVID-19 pandemic. Instead, the government produced a series of economic updates and stimulus plans ...
The budget is announced in the House of Commons by the Minister of Finance, who traditionally wears new shoes while doing so. [1] The Budget is then voted on by the House of Commons. Budgets are a confidence measure, and if the House votes against it the government can fall, as happened to Prime Minister Joe Clark 's government in 1980.
The Canadian federal budget for the fiscal years of 2022–23 was presented to the House of Commons by ... Canada's debt-to-GDP ratio increased in 2020 and 2021. [4]
Existing federal social security programs were modified to provide additional financial support to their recipients. Canada Child Benefit payments were given a one-time increase of $300 per child, [3] the Goods and Services Tax (GST) credit for the 2019 tax year was doubled, [4] and personal income tax deadlines for 2019 were extended.
The 2021 Canadian federal budget planned to phase them out by the end of September 2021, and projected a $354.2-billion deficit in the 2020–21 fiscal year. [174] While CERB was indeed phased out on September 26, the Canada Recovery Benefit (CBR) continued to provide support until October 23. [175]
Google announced it will stop showing links to Canadian news on its products in Canada after the passage of the Online News Act, which requires online platforms to pay content fees to Canadian ...
March 20 – At the Conservative Party of Canada March 2021 policy convention, delegates voted 54%-46% to reject a proposal expand the party's existing climate change policies to include a statement that climate change is real, proclaim that Conservatives were "willing to act" on the issue, and calling for more innovation in green tech.
The Government of Canada (French: Gouvernement du Canada) is the body responsible for the federal administration of Canada.The term Government of Canada refers specifically to the executive, which includes ministers of the Crown (together in the Cabinet) and the federal civil service (whom the Cabinet direct); it is alternatively known as His Majesty's Government (French: Gouvernement de Sa ...