Reading Time: 3 minutes Disponible 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 parliamentary financial cycle. The outlook for budgetary revenues and expenses can be found in tables… Read More ›
Budget
A Supply-and-Demand Perspective on Housing Affordability
Reading Time: 5 minutes Disponible en français. If housing supply and housing demand could talk, they would tell us that proposals that increase supply have the effect of reducing the price of housing and increasing quantity. As for proposals that increase demand, they raise… Read More ›
The 2022 Federal Budget at a Glance
Reading Time: 3 minutes Disponible 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 ›
Executive Summary – Funding New Government Initiatives: From Announcement to Money Allocation
Reading Time: < 1 minute Disponible 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 ›
Update on Canada’s Long-Term Infrastructure Plan
Reading Time: 6 minutes Disponible 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 ›
Executive Summary – The Parliamentary Financial Cycle
Reading Time: 3 minutes Disponible 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 ›
Border Carbon Adjustments
Reading Time: 5 minutes Disponible en français. On page 176 of Budget 2021, there is one small paragraph that could have far-reaching implications. There, the Government of Canada announced that it would soon begin consultations on a new carbon pricing measure, known as a… Read More ›
The United Nations at 75: “Imperfect but indispensable”?
Reading Time: 5 minutes (Disponible en français : Les Nations Unies, 75 ans plus tard : « imparfaites, mais indispensables »?) At a 21 September 2020 high-level meeting of the United Nations General Assembly (UNGA), the United Nations’ (UN’s) member states adopted a declaration… Read More ›
Grants and Contributions – Implementing Federal Policy by Transferring Funds
Reading Time: 4 minutes (Disponible en français : Subventions et contributions — Mise en œuvre des politiques fédérales par le transfert de fonds) The Government of Canada offers some services directly to Canadians, such as the provision of passports (for a fee) for international… Read More ›
Executive Summary – Overview of Canada’s Long-term Infrastructure Plan
Reading Time: 2 minutes (Disponible en français : Résumé – Aperçu du plan d’infrastructure à long terme du Canada) Through the Investing in Canada plan, the Government of Canada has committed to providing more than $187 billion in infrastructure funding over 12 years, including through bilateral… Read More ›