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The Canadian federal budget for fiscal year 2017–2018 was presented to the Canadian House of Commons by Finance Minister Bill Morneau on March 22, 2017. The deficit was initially projected to be $28.5 billion, including a $3 billion adjustment for risk. [1] This was later adjusted to $19.0 billion after reflecting a change in the discount ...
Canadian federal budget. In Canada, federal budgets are presented annually by the Government of Canada to identify planned government spending and expected government revenue, and to forecast economic conditions for the upcoming year. They are usually released in February or March, before the start of the fiscal year .
The federal government will also spend $360 million in 2015 on its deployment in Iraq and $7.1 million to train Ukraine's security forces. [8] The military budget will be increased by $1.1 billion over three years starting in fiscal year 2017–18, from $20 billion in 2014–15. [8] Ottawa is raising to from 2% to 3% the yearly escalator clause ...
The Canadian federal budget for fiscal year 2016–2017 was presented to the House of Commons of Canada by Finance Minister Bill Morneau on 22 March 2016. The deficit was projected to be $29.4 billion for the fiscal year 2016–2017, [1] however this was adjusted to $17.8 billion by end of March 2017. [3]
This is the list of countries by government budget. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. The following tables show the governmental budget balance, in millions of US dollars or millions of local currency units (LCU, the most commonly used in the country) and as ...
The Canadian federal budget for fiscal year 2019–2020 was presented to the House of Commons by Finance Minister Bill Morneau on March 19, 2019. This was the last budget before the 2019 federal election. The deficit is projected to rise to $19.8 billion, after including a $3 billion adjustment for risk. [3]
Canada's federal deficit for the fiscal year 2020–21 is expected to be $354.2 billion. Legislative history. The first implementation bill of the 2021 budget was definitely adopted on 23 June 2021 with support from the Liberals, New Democrats (except Scott Duvall, MP for Hamilton Mountain who voted against), Bloc Québécois and Green MPs.
In the Annual Financial Report of the Government of Canada for 2018 - 2019, the Minister of Finance said that the budgetary deficit was $14.0 billion for the FY ending March 31, 2019 and that revenues "increased by $21.0 billion, or 6.7 per cent, from 2017–18." [2] There was an increase of 4.7 per cent ($14.6 billion) in program expenses.