Presented | 16 April 2024 |
---|---|
Passed | 1 May 2024 |
Parliament | 44th |
Party | Liberal |
Finance minister | Chrystia Freeland |
Total revenue | 498 Billion (projected) |
Total expenditures | 538 Billion (projected) |
Deficit | 40 Billion (projected) |
GDP | TBA |
Website | https://www.budget.canada.ca/2024/home-accueil-en.html |
‹ 2023 2025› |
The Canadian federal budget for the fiscal years of 2024–25 was presented to the House of Commons by Finance Minister Chrystia Freeland on 16 April 2024. [1]
In March 2022, the New Democratic Party agreed to a confidence and supply deal with Justin Trudeau's Liberal Party. [2]
The budget's main goal is to reduce the cost of living. [3]
This section is empty. You can help by adding to it. (April 2024) |
Party | Yea | Nay | Abstention | Absent | |
---|---|---|---|---|---|
Liberals | 156 | ||||
Conservatives | 116 | 2 | |||
Bloc Québécois | 31 | 1 | |||
New Democratic | 24 | ||||
Green | 1 | 0 | 1 | ||
Independents | 1 | 2 | 0 | 0 | |
Total | 181 | 150 | 4 |
The Liberal Party of Canada is a federal political party in Canada. The party espouses the principles of liberalism, and generally sits at the centre to centre-left of the Canadian political spectrum, with their main rival, the Conservative Party, positioned to their right and the New Democratic Party positioned to their left. The party is described as "big tent", practising "brokerage politics", attracting support from a broad spectrum of voters. The Liberal Party is the longest-serving and oldest active federal political party in the country, and has dominated federal politics of Canada for much of its history, holding power for almost 70 years of the 20th century. As a result, it has sometimes been referred to as Canada's "natural governing party".
Ralph Edward Goodale is a Canadian diplomat and retired politician who has served as the Canadian High Commissioner to the United Kingdom since April 19, 2021.
Justin Pierre James Trudeau is a Canadian politician who has been serving as the 23rd prime minister of Canada since 2015 and the leader of the Liberal Party since 2013. Trudeau was the second-youngest prime minister in Canadian history when he took office and the first to be the child of a previous holder of the post, as the eldest son of Pierre Trudeau.
During the history of Canadian politics, thirteen minority governments have been elected at the federal level. There have also been two minority governments resulting from governments being replaced between elections, for a total of fifteen federal minority governments in thirteen separate minority parliaments. There have been historical cases where the governing party had fewer than half of the seats but had the support of independents who called themselves members of the party; these cases are not included, as there was never any serious chance of the government falling.
Marc Lalonde was a Canadian politician who served as a cabinet minister, political staffer and lawyer. A lifelong member of the Liberal Party, he is best known for having served in various positions of government from the late 1960s to the mid-1980s, including serving as the Minister of Finance.
Pierre Marcel Poilievre is a Canadian politician who has served as the leader of the Conservative Party of Canada and the leader of the Official Opposition since 2022. He has been a member of Parliament (MP) since 2004.
The 2005 Canadian federal budget was the budget of the Government of Canada for the 2005–2006 fiscal year. It was presented on February 23, 2005, by Finance Minister Ralph Goodale. It was the first Canadian federal budget presented by a minority government since the budget of the Joe Clark Progressive Conservative government in 1979, which was defeated by the opposition parties.
The premiership of Stephen Harper began on February 6, 2006, when the first Cabinet headed by Stephen Harper was sworn in by Governor General Michaelle Jean. Harper was invited to form the 28th Canadian Ministry, becoming Prime Minister of Canada following the 2006 election, where Harper's Conservative Party won a plurality of seats in the House of Commons of Canada, defeating the Liberal Prime Minister Paul Martin's government. In the 2011 federal election, Harper won his first and only majority government.
In parliamentary democracies based on the Westminster system, confidence and supply is an arrangement under which a minority government receives the support of one or more parties or independent MPs on confidence votes and the state budget ("supply"). On issues other than those outlined in the confidence and supply agreement, non-government partners to the agreement are not bound to support the government on any given piece of legislation.
The Canadian federal budget for the 2007–2008 fiscal year was presented to the House of Commons of Canada by Finance Minister Jim Flaherty. Flaherty presented the 2007 budget on March 19, 2007. No income tax or GST cuts were announced but there were tax credits for some families with children under 18. The federal budget included $14 billion in new spending and $5.7 billion in tax cuts. This was the second budget of the 39th Canadian Parliament.
The New Democratic Party is a federal political party in Canada. Widely described as social democratic, the party occupies the centre-left of the political spectrum, with the party generally sitting to the left of the Liberal Party. The party was founded in 1961 by the Co-operative Commonwealth Federation (CCF) and the Canadian Labour Congress (CLC).
This article covers the history of the New Democratic Party of Canada.
The 2021 Canadian federal election was held on September 20, 2021, to elect members of the House of Commons to the 44th Canadian Parliament. The writs of election were issued by Governor General Mary Simon on August 15, 2021, when Prime Minister Justin Trudeau requested the dissolution of parliament for a snap election.
The Canadian federal budget for the fiscal years of 2020–21 and 2021–22 was presented to the House of Commons by finance minister Chrystia Freeland on 19 April 2021. The Canadian government did not produce a budget in 2020 due to the COVID-19 pandemic. Instead, the government produced a series of economic updates and stimulus plans throughout the year.
The May 1974 Canadian federal budget was presented by Minister of Finance John Turner in the House of Commons of Canada on 6 May 1974. It was meant to serve as the federal budget for fiscal year 1974–1975, but it was never implemented as the government was defeated in a vote of confidence before it was adopted. The NDP, which had been propping up Pierre Trudeau’s minority government for the past two years, withdrew their support because they were displeased with the content of this budget. This paved the way for the 1974 Canadian federal election, in which Trudeau's Liberal Party won with a majority of the seats.
Several policies regarding interior and domestic issues in Canada were planned and adopted by the Canadian Cabinet, chaired by Prime Minister Justin Trudeau, following the October 19, 2015 election of the Liberal Party to a majority of seats in the House of Commons, such as social and environmental policies.
The 45th Canadian federal election will take place on or before October 20, 2025, to elect members of the House of Commons to the 45th Canadian Parliament. The date of the vote is determined by the fixed-date provisions of the Canada Elections Act, which requires federal elections to be held on the third Monday in October in the fourth calendar year after the polling day of the previous election, though a current government bill proposes to postpone the date to October 27, 2025 to avoid conflicting with Diwali. In addition to the statutory fixed election date provisions, Canada has a constitutional requirement specified in both section 50 of the Constitution Act, 1867 and section 4 of the Canadian Charter of Rights and Freedoms that elections for the House of Commons must be held no more than five years after the preceding election.
The 44th Canadian Parliament is the session of the Parliament of Canada which began on 22 November 2021, with the membership of the House of Commons, having been determined by the results of the 2021 federal election held on 20 September. Parliament officially resumed on 22 November with the re-election of Speaker Anthony Rota, and the Speech from the Throne read by Governor General Mary Simon the following day.
The Canadian federal budget for the fiscal years of 2022–23 was presented to the House of Commons by Finance Minister Chrystia Freeland on 7 April 2022.
By-elections to the 44th Canadian Parliament may be held to fill vacancies in the House of Commons of Canada between the 2021 federal election and the 45th federal election. The 44th Canadian Parliament has existed since 2021 with the membership of its House of Commons having been determined by the results of the 44th Canadian federal election held on September 20, 2021. The Liberal Party of Canada has a minority government during this Parliament, supported by the New Democratic Party in a confidence-and-supply agreement. The Conservative Party of Canada forms the Official Opposition.