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The Keeping Canada’s Economy & Jobs Growing Act, introduced in October 2011, triggered a phase-out of the per-vote subsidy from 2012-2015. [27] The amount paid out to parties decreased from approximately $2 per vote in 2012 to approximately $0.50 per vote in 2015, the final year of the subsidy. [28] Contribution limits were increased in 2014.
Government debt securities provide a useful measure of government debt as they are a large share of government debt (76.2% in 2020), [13] and are relatively straightforward to measure. By contrast, the second largest debt component, employee pension plan liabilities, [ 13 ] are less easy to value as they depend on employee longevity and the ...
At the end of the fiscal year, the government was surprised to post a budgetary surplus of $1.9 billion. [5] This however would later be overturned to a small deficit of $550 million due to improper accounting methodologies for the Government's unfunded pension obligations, as pointed out for years by the Auditor General. [4]
Nova Scotia was the first Canadian adopter of responsible government. Some evidence exists of relationships between Nova Scotia pre-confederation premier Charles Tupper, who prior to Confederation was a strong supporter of the interest of trans-Canada railway companies, and negotiating with the General Mining Association, which had a de facto monopoly on mining.
The government also announced enhanced security measures along the Canada–United States border. The policy shift created uncertainty for 100,000's of migrants already in Canada. International students, who often paid premium tuition rates with expectations of eventual citizenship, faced narrowed paths to permanent residency.
A decedent's debt typically gets paid via their estate — that is, any money or property they left behind. If you die with debt, your estate may first be purged to pay it off.
Library and Archives Canada is expected to eliminate 105 jobs, and Statistics Canada is expected to cut 273. [25] In November 2012, the Treasury Board president Tony Clement stated that the federal government had cut 10,980 public service jobs, of which 7,500 were by attrition or not replacing employees who had quit. [26]
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