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Effective August 1, 1995 the annual subsidy of $560 millions to the railway companies is eliminated ; [10] The federal government budgeted a $1.6 billion one-time payment as compensation for land owner whose land values are affected by the abolition of freight subsidies. Subsidies for Atlantic region freight are abolished starting on July 1, 1995 ;
1995 Canadian federal budget None: 1995–96 27 February 1995 C-76: Royal Assent (22 June 1995) [4] ... This page was last edited on 3 November 2024, at 20:51 (UTC).
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's slogan is "Fairness for every generation", suggesting the government planned to help younger people.
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1995 Canadian federal budget; U. 1995 United Kingdom budget; 1995 United States federal budget ... This page was last edited on 5 February 2024, at 11:02 (UTC).
The 1995 Canadian federal budget announced that both the Established Programs Financing and the Canada Assistance Plan would be combined into a new block-fund fiscal arrangement called the Canada Health and Social Transfer starting in 1996–97 fiscal year. [3]
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The 1990 Canadian federal budget capped the annual growth of the Canada Assistance Plan at 5% for provinces who did not receive equalization payments [note 1] for 1990-91 and 1991-92 fiscal years. That decision was incorporated into the Government Expenditure Restraint Act (C-69) that received royal assent on 1 February 1991.