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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 ...
2020 Canadian federal budget: 2020–21 — Never presented Postponed and combined into the following year's budget due to the COVID-19 pandemic: 2021 Canadian federal budget A Recovery Plan for Jobs, Growth, and Resilience: 2021–22 19 April 2021 Chrystia Freeland Liberal: C-30: Royal Assent (29 June 2021)
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]
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In March 2017, the PBO said that the budget only showed $5.5 billion of the planned $8 billion that was allocated to new infrastructure spending under Justin Trudeau's budget. [17] The Liberals disputed some of the findings, with a Treasury Board spokesperson saying that the problems arose from confusion surrounding the budget process. [17]
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]
The budget assumes an average North American oil futures price of $75.75 per barrel during its fiscal year, generating C$867.5 million in royalties. ($1 = 1.2558 Canadian dollars)
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.