Reading Time: 3 minutesDisponible en français. The federal budget outlines the government’s revenue estimates and expenditure priorities for the fiscal year. It is a key component of the financial cycle. The outlook for budgetary revenues and expenses can be found in the 2022… Read More ›
Reading Time: < 1 minuteDisponible en français. New government initiatives are announced through different sources, including the Speech from the Throne, the federal budget, international agreements, federal–provincial-territorial agreements, ministerial mandate letters and ministerial proposals. However, before a new initiative receives funding, approvals from Cabinet, the Treasury Board and Parliament are needed. This paper describes these approvals along with the role… Read More ›
Reading Time: 6 minutesDisponible en français. Launched in 2016, the Investing in Canada Plan is a long-term federal infrastructure plan involving the investment of $188 billion over 12 years. Of this total, $96 billion is new funding, and $92 billion is from existing infrastructure programs. Although the… Read More ›
Reading Time: < 1 minuteDisponible en français. Understanding economic statistics and federal government finances can be complex. Through 23 questions and answers, this HillStudy explores key economic and financial concepts, including production: gross domestic product (GDP); inflation: consumer price index; nominal and real GDP; raw… Read More ›
Reading Time: 6 minutesDisponible en français. On 15 August 2021, the Taliban entered Kabul largely unopposed, marking the end of a two-decade-long conflict and the internationally recognized government of Afghanistan. Concerns were immediately raised about how the Taliban would rule, throwing into doubt… Read More ›
Reading Time: 3 minutesDisponible en français. One of Parliament’s fundamental roles is to review and approve the government’s taxation and spending plans. To fulfill this role, parliamentarians follow the parliamentary financial cycle, which consists of a continuous loop of activities that take place… Read More ›
Reading Time: 6 minutesDisponible en français. Governments finance the goods and services that they provide in various ways, including through taxing, investing and borrowing activities. The first of these activities – taxation – can take several forms. In Canada, sources of funds that… Read More ›
Reading Time: 7 minutesDisponible en français. Governments finance the goods and services that they provide in various ways, including through taxing, investing and borrowing activities. The first of these activities – taxation – can take several forms. In Canada, sources of funds that… Read More ›
Reading Time: 6 minutesDisponible en français. Governments finance the goods and services that they provide in various ways, including through taxing, investing and borrowing activities. The first of these activities – taxation – can take several forms. In Canada, sources of funds that… Read More ›
Reading Time: 6 minutesDisponible en français. Governments finance the goods and services that they provide in various ways, including through taxing, investing and borrowing activities. The first of these activities – taxation – can take several forms. In Canada, sources of funds that… Read More ›