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fin.canada.ca. The Department of Finance Canada (French: Ministère des Finances Canada) is a central agency of the Government of Canada. The department assists the minister of finance in developing the government's fiscal framework and advises the government on economic and financial issues. A principal role of the department is assisting the ...
e. The minister of finance (French: ministre des Finances) is the minister of the Crown in the Canadian Cabinet, who is responsible for overseeing the Department of Finance and presenting the federal government's budget each year. It is one of the most important positions in the Cabinet. Chrystia Freeland is the 40th and current finance ...
The budget's main goal is to reduce Canada's debt-to-GDP ratio, mostly through a review of all government spending. Our ability to spend is not infinite. The time for extraordinary COVID support is over. — Chrystia Freeland, Budget 2022: Address by the Deputy Prime Minister and Minister of Finance. However, the budget increases Canada's ...
However, this was delayed due to the COVID-19 outbreak in Canada. [7] On 17 June 2020, Justin Trudeau announced that the finance minister would table a fiscal and economic snapshot on 8 July 2020. This document was shorter than a budget or even a regular Fall Economic Statement as it did not incorporate medium or long-term projections.
The Canada Revenue Agency (CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes, administers tax law and policy, and delivers benefit programs and tax credits. [4] Legislation administered by the CRA includes the Income ...
The new National Revenue department was established by expanding the former Department of Customs and Excise with a new facility for the collection of income tax, which had formerly been the responsibility of the Department of Finance. The department became known as Revenue Canada during the 1970s, and subsequently became the Canada Customs and ...
examination of planned expenditures of the Department of Finance and the Canada Revenue Agency; review of Monetary Policy Reports of the Governor of the Bank of Canada; review of the Minister of Finance's Economic and Fiscal Update; consideration of proposed finance legislation
Canadian Space Agency. Canadian Transport Commission. Canadian Transportation Agency. Canadian Wheat Board. Canadian Wildlife Service. Chief Science Advisor (Canada) Civilian Review and Complaints Commission for the Royal Canadian Mounted Police. Clerk of the Privy Council (Canada) Commissioner of Lobbying of Canada.