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The Liberal Government has stated they want to build a strong middle class, but who comprises the middle class? Mr. Morneau in his 2017 budget speech stated, "All Canadians must pay their fair share of taxes," but what is a "fair share"? Let's do the math and find out.
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In this week's headlines we learn that U.S. President Donald Trump is proceeding to present a budget according to his "America First" policy.
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The City of Toronto is currently being asked to make a 2.6 per cent cut on public health, recreation, transit, childcare, affordable housing and everything else. This would almost certainly mean a reduction in services that promote health and well-being. Blanket cuts may balance the books, but the impacts are not equitable.
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The Liberals promised a "leaner, more agile" military, raising concerns over the size of the military. With our current commitment and the promised renewal of UN peacekeeping missions, Canadian soldiers will not be able to sustain such a high operational tempo, let alone if we slash our military numbers.
The Canadian Forces will once again have to wait to receive new much-needed equipment. Whether it is new fighter aircraft, ships or vehicles, the federal budget has postponed more than $3.7 billion in military spending until 2020 -- or later. As a matter of fact, the latest federal budget is another slap to the Canadian Forces' face. Bill Morneau, Canada's finance minister, said the Liberals are postponing defence spending to figure out defence priorities.
The CBC is suffering from a series of funding cuts implemented by the federal government of Prime Minister Stephen Harper. The 2012 federal budget cut $115 million from the CBC over three years. While this has negative consequences for all Canadians as this national institution is forced to cut jobs and scale back its reach and scope, the country's music and arts communities, in particular, stand to lose. In many cases, it's already happening.
OTTAWA — Finance Minister Joe Oliver has re-affirmed his government's commitment to balance its books, two days after the federal budget watchdog warned a slower-than-expected economy will keep Ottawa...
The big spending on the income splitting tax break, combined with the impact of lower oil prices has already left only a razor-thin balance and the Parliamentary Budget Officer predicts the budget will slip back into deficit in the next few years. Since it is no secret that this budget sets the stage for the upcoming federal election it is time for us to take a long hard look at the people we elect. We should not allow ourselves to be tricked by tax cut treats but think about who offers a plan for the future. Legacies take guts.
Thanks to former Prime Minister Paul Martin, I think we've all been conditioned to think that balanced budgets are very good things. But not all deficits are bad. It is prudent or even smart to slash and scrap into a surplus like Stephen Harper has done. Especially considering that Canada's infrastructure deficit is estimated at nearly $400 billion -- and growing.
“There’s nothing here that suggests anything visionary or comprehensive or actually strategic,” says Green party leader.
A look at how the 2015 budget will affect Canadians, whether you're single, married or retired
But the new money comes with a catch, of course.
OTTAWA - The Harper government is promising to spend more on the day-to-day-upkeep of the military, but the cash does not kick in for two years and is short of what the parliamentary budget office say...
When a government underspends to the extent we are seeing with the Harper government, the estimates become unreliable. Parliamentarians aren't able to find out how much the government is actually spending until months after the end of the fiscal year. As a result, they can't inform the public about what programs and services have been diminished in time to make a difference. The way the underspending scheme stifles debate reminds me of the Harper government's omnibus legislation, except it's even worse.