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The Canadian federal budget for the fiscal years of 2024–25 was presented to the House of Commons by Finance Minister Chrystia Freeland on 16 April 2024. [1]
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 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.
The Canadian federal budget for the fiscal years of 2022–23 was presented to the House of Commons by Finance Minister Chrystia Freeland on 7 April 2022. [ 2 ] [ 3 ] Background
Primary care funding in Canada represented 5.3% of the total health budget, significantly lower than the 8.1% average between "Denmark, Finland, France, Germany, Italy, the Netherlands, New Zealand, Norway, and the United Kingdom". The study noted that the federal government's healthcare funding contribution had declined from its 1970s ...
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The budget introduced $22.8 billion of new spending over six years. [4] The budget will not make any changes to the income tax brackets for individuals or corporations. [ 4 ] This was later refined to $39.4 billion when the Annual Financial Report of the Government of Canada for Fiscal Year 2019–2020 was released.
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