144:
198:. The minimal withdrawal rate starts at 7.38% at age 71 and increases to 20% by age 94. The budget would lower the rate for those aged 71 to 5.28% to start, and will lower the rate to 18.79% by age 94. The budget also announces a new Home Accessibility Tax Credit of up to $ 1,500 for the cost of home renovations for seniors or people with disabilities.
329:
The budget proposes to close a loophole used by financial institutions on derivatives contracts, that the government estimates will generate as much as $ 365 million in the current fiscal year and $ 1.24 billion over the next four years. Banks would no longer be able to claim an income-tax deduction
171:
began on April 1, but was delayed because of the steep drop in oil prices in the winter of 2014–15. A surplus of $ 1.4 billion was projected for the fiscal year 2015-2016, however this was adjusted by the new government to a deficit of $ 1.0 billion by end of March 2016. This was later adjusted to $
338:
The government will save an estimated $ 900 million this year by targeting a "failing" and "antiquated" system that allows federal bureaucrats to bank their sick days. The government wants to replace the existing practice with a formal disability plan by collective bargaining. If negotiations fail,
236:
In the budget is a proposal for a new approach to mass transit capital funding that would be based on long-term loans and private sector involvement. The government will establish the Public
Transit Fund that would start at $ 250 million in 2017–18 and grow to $ 1 billion a year by 2019–20. The
185:
The
Universal Child Care Benefit will be increased to $ 1,920 per year for each child under the age of 6, and will introduce a new benefit of up to $ 720 per year for children aged 6 through 17. This measure will be paid for in part by the elimination of the existing Child Tax Credit.
172:
2.9 billion after reflecting a change requested by the
Auditor General dating back 10 years' worth of federal budgets, specifically with regards to the discount rate methodology used to determine the present value of the Government's unfunded pension obligations.
227:
The military budget will be increased by $ 1.1 billion over three years starting in fiscal year 2017–18, from $ 20 billion in 2014–15. Ottawa is raising to from 2% to 3% the yearly escalator clause in the
Department of National Defence's budget.
292:
The government proposes to reduce the corporate income tax rate on businesses with less than $ 500,000 in annual income from 11% to 9% in 2019. This is expected to reduce tax revenues $ 1.2 billion a year when it is fully implemented.
330:
on dividends paid by
Canadian companies under certain derivatives contracts. These "synthetic equity arrangements" have the "potential to significantly erode the Canadian tax base" according to the budget document.
660:
503:
687:
718:
387:
201:
The government is proposing to extend the
Employment Insurance Compassionate Care leave from six weeks to six months for Canadians caring for gravely ill family members.
321:
has been repeatedly extended since 2007. This budget proposes to extend the measure until 2024, reducing government tax revenues by up to $ 360 million a year.
652:
629:
551:
480:
420:
803:
450:
495:
317:
to encourage manufacturers to write off part of the cost of modernizing machinery and equipment over a short period of time. The accelerated
224:
The federal government will also spend $ 360 million in 2015 on its deployment in Iraq and $ 7.1 million to train
Ukraine's security forces.
710:
683:
209:
The budget will spend $ 439 million from 2015 to 2019 on various national security measures, including counterterrorism programs at the
379:
218:
214:
933:
907:
796:
305:
exemption for farmers and fishing businesses from $ 800,000 to $ 1 million for all property sold on or after budget day.
1266:
929:
1261:
195:
1271:
900:
264:
789:
164:
339:
the government will implement a modernized sick leave and disability regime "within a reasonable time frame".
237:
government states municipalities could borrow from this fund. Previously, the federal government had provided
1276:
841:
625:
210:
573:
1235:
1230:
1225:
1220:
1215:
1210:
1205:
1200:
1177:
1172:
1167:
1162:
1157:
1152:
1147:
1142:
1137:
1119:
1114:
1096:
1091:
1086:
1081:
1076:
1071:
1066:
1061:
1056:
1038:
1033:
1028:
1023:
1018:
1013:
1008:
1003:
998:
977:
959:
954:
949:
944:
939:
923:
918:
913:
894:
889:
884:
879:
874:
869:
836:
831:
776:
747:
133:
128:
53:
526:
458:
416:
119:
255:
The budget also provides $ 100 million over five years to help auto parts makers develop new products.
156:
1256:
106:
43:
851:
826:
812:
160:
65:
318:
247:
of the capital funding for infrastructure projects. The fund is not established by the budget.
846:
772:
267:, which provides grants for research infrastructure, mainly at colleges and universities.
8:
739:
545:
474:
284:
for tax purposes, which is expected to reduce tax revenues by $ 4.5 billion a year.
217:(CSIS), increased Parliament Hill security, and an extra $ 2 million a year for the
653:"Budget 2015: TFSA limit hiked to $ 10,000 as election budget delivers few goodies"
281:
60:
1048:
314:
194:
The budget will lower the minimum annual withdrawal rate for seniors from their
1192:
1129:
990:
861:
143:
1250:
302:
781:
356:
354:
352:
167:. The budget was supposed to be presented in February or March before the
1106:
263:
The government is putting an extra $ 1.3 billion over six years into the
168:
349:
969:
120:
http://www.budget.gc.ca/2015/docs/download-telecharger/index-eng.html
499:
565:
684:"Joe Oliver's promises-kept budget. Ignore the sleight of hand"
451:"Annual Financial Report of the Government of Canada 2017-2018"
313:
The government had introduced a temporary tax break during the
496:"Joe Oliver delays 2015 federal budget amid market volatility"
380:"Federal budget 2015: Highlights of Joe Oliver's fiscal plan"
738:
360:
626:"Conservatives deliver balanced budget ahead of election"
221:
to enhance its oversight of CSIS's expanded operations.
711:"Canada Closes C$ 1.24 Billion Tax Loophole for Banks"
163:
on 21 April 2015. This was the last budget before the
619:
617:
615:
613:
611:
301:The government proposes to increase the lifetime
1248:
609:
607:
605:
603:
601:
599:
597:
595:
593:
591:
155:for fiscal year 2015–2016 was presented to the
624:Curry, Bill; McKenna, Barrie (21 April 2015).
525:Finance, Government of Canada, Department of.
449:Finance, Government of Canada, Department of.
147:Projected expenses for the fiscal year 2015–16
797:
588:
623:
550:: CS1 maint: multiple names: authors list (
479:: CS1 maint: multiple names: authors list (
250:
811:
804:
790:
296:
444:
442:
440:
438:
27:Budget of the Canadian Federal Government
411:
409:
407:
405:
333:
280:The budget proposes to allow parents to
258:
142:
708:
204:
1249:
518:
435:
377:
219:Security Intelligence Review Committee
215:Canadian Security Intelligence Service
785:
650:
566:"Universal child care benefit (UCCB)"
402:
373:
371:
369:
681:
493:
527:"Annual Financial Report 2015-2016"
524:
448:
287:
13:
690:from the original on 23 April 2015
663:from the original on 21 April 2015
632:from the original on 25 April 2015
576:from the original on 7 August 2015
506:from the original on 28 April 2015
423:from the original on 23 April 2015
390:from the original on 21 April 2015
366:
14:
1288:
766:
721:from the original on 12 July 2015
361:Department of Finance Canada 2015
231:
196:Registered Retirement Income Fund
709:Scanlan, David (21 April 2015).
308:
265:Canada Foundation for Innovation
702:
675:
628:. Toronto: The Globe and Mail.
378:Payton, Laura (21 April 2015).
740:"Chapter 5.2 – Fiscal Outlook"
644:
558:
494:Bakx, Kyle (15 January 2015).
487:
1:
682:Hall, Chris (22 April 2015).
651:Evans, Pete (21 April 2015).
417:"Budget 2015 – Download PDFs"
342:
211:Royal Canadian Mounted Police
180:
837:Department of Finance Canada
777:Department of Finance Canada
748:Department of Finance Canada
7:
175:
10:
1293:
842:Governor general's warrant
324:
275:
189:
157:House of Commons of Canada
1267:2015 in Canadian politics
1191:
1128:
1105:
1047:
989:
968:
860:
819:
251:Manufacturing investments
125:
115:
105:
95:
88:288.9 billion (Projected)
83:
76:290.3 billion (Projected)
71:
59:
49:
39:
31:
1262:41st Canadian Parliament
572:. Government of Canada.
419:. Government of Canada.
270:
1272:2015 government budgets
852:New shoes on budget day
827:Canadian federal budget
813:Canadian federal budget
297:Agricultural businesses
153:Canadian federal budget
100:1.4 billion (Projected)
319:Capital Cost Allowance
148:
91:298.3 billion (Actual)
79:295.5 billion (Actual)
570:Canada Revenue Agency
334:Civil service reforms
259:Post-secondary grants
165:2015 federal election
146:
1277:2015 in Canadian law
847:Canadian public debt
659:. CBC/Radio-Canada.
386:. CBC/Radio-Canada.
205:Security and defence
111:2.9 billion (Actual)
832:Minister of Finance
28:
461:on 22 October 2018
282:split their income
149:
84:Total expenditures
18:
1244:
1243:
982:
905:
717:. Bloomberg L.P.
141:
140:
1284:
1257:Canadian budgets
980:
903:
806:
799:
792:
783:
782:
759:
757:
755:
731:
730:
728:
726:
706:
700:
699:
697:
695:
679:
673:
672:
670:
668:
648:
642:
641:
639:
637:
621:
586:
585:
583:
581:
562:
556:
555:
549:
541:
539:
537:
522:
516:
515:
513:
511:
491:
485:
484:
478:
470:
468:
466:
457:. Archived from
446:
433:
432:
430:
428:
413:
400:
399:
397:
395:
375:
364:
358:
288:Small businesses
246:
245:
241:
61:Finance minister
29:
26:
24:
17:
1292:
1291:
1287:
1286:
1285:
1283:
1282:
1281:
1247:
1246:
1245:
1240:
1187:
1124:
1101:
1043:
985:
981:(never adopted)
964:
904:(never adopted)
856:
815:
810:
769:
763:
753:
751:
750:. 21 April 2015
735:
734:
724:
722:
707:
703:
693:
691:
680:
676:
666:
664:
649:
645:
635:
633:
622:
589:
579:
577:
564:
563:
559:
543:
542:
535:
533:
523:
519:
509:
507:
492:
488:
472:
471:
464:
462:
447:
436:
426:
424:
415:
414:
403:
393:
391:
376:
367:
359:
350:
345:
336:
327:
315:Great Recession
311:
299:
290:
278:
273:
261:
253:
243:
239:
238:
234:
207:
192:
183:
178:
137:
131:
90:
78:
22:
20:
12:
11:
5:
1290:
1280:
1279:
1274:
1269:
1264:
1259:
1242:
1241:
1239:
1238:
1233:
1228:
1223:
1218:
1213:
1208:
1203:
1197:
1195:
1193:Justin Trudeau
1189:
1188:
1186:
1185:
1180:
1175:
1170:
1165:
1160:
1155:
1150:
1145:
1140:
1134:
1132:
1130:Stephen Harper
1126:
1125:
1123:
1122:
1117:
1111:
1109:
1103:
1102:
1100:
1099:
1094:
1089:
1084:
1079:
1074:
1069:
1064:
1059:
1053:
1051:
1045:
1044:
1042:
1041:
1036:
1031:
1026:
1021:
1016:
1011:
1006:
1001:
995:
993:
991:Brian Mulroney
987:
986:
984:
983:
974:
972:
966:
965:
963:
962:
957:
952:
947:
942:
937:
926:
921:
916:
911:
897:
892:
887:
882:
877:
872:
866:
864:
862:Pierre Trudeau
858:
857:
855:
854:
849:
844:
839:
834:
829:
823:
821:
817:
816:
809:
808:
801:
794:
786:
780:
779:
768:
767:External links
765:
761:
760:
733:
732:
701:
674:
643:
587:
557:
517:
486:
434:
401:
365:
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346:
344:
341:
335:
332:
326:
323:
310:
307:
298:
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289:
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269:
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233:
232:Public transit
230:
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117:
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6:
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1078:
1075:
1073:
1070:
1068:
1065:
1063:
1060:
1058:
1055:
1054:
1052:
1050:
1049:Jean Chrétien
1046:
1040:
1037:
1035:
1032:
1030:
1027:
1025:
1022:
1020:
1017:
1015:
1012:
1010:
1007:
1005:
1002:
1000:
997:
996:
994:
992:
988:
979:
976:
975:
973:
971:
967:
961:
958:
956:
953:
951:
948:
946:
943:
941:
938:
935:
931:
927:
925:
922:
920:
917:
915:
912:
909:
902:
898:
896:
893:
891:
888:
886:
883:
881:
878:
876:
873:
871:
868:
867:
865:
863:
859:
853:
850:
848:
845:
843:
840:
838:
835:
833:
830:
828:
825:
824:
822:
818:
814:
807:
802:
800:
795:
793:
788:
787:
784:
778:
774:
771:
770:
764:
749:
745:
741:
737:
736:
720:
716:
715:Bloomberg.com
712:
705:
689:
685:
678:
662:
658:
654:
647:
631:
627:
620:
618:
616:
614:
612:
610:
608:
606:
604:
602:
600:
598:
596:
594:
592:
575:
571:
567:
561:
553:
547:
532:
531:www.fin.gc.ca
528:
521:
505:
501:
497:
490:
482:
476:
460:
456:
455:www.fin.gc.ca
452:
445:
443:
441:
439:
422:
418:
412:
410:
408:
406:
389:
385:
381:
374:
372:
370:
362:
357:
355:
353:
348:
340:
331:
322:
320:
316:
309:Manufacturing
306:
304:
303:capital gains
294:
285:
283:
268:
266:
256:
248:
229:
225:
222:
220:
216:
212:
202:
199:
197:
187:
173:
170:
166:
162:
158:
154:
145:
135:
130:
124:
121:
118:
114:
110:
108:
104:
101:
98:
94:
89:
86:
82:
77:
74:
72:Total revenue
70:
67:
64:
62:
58:
55:
52:
48:
45:
42:
38:
35:21 April 2015
34:
30:
16:
1182:
762:
752:. Retrieved
743:
723:. Retrieved
714:
704:
692:. Retrieved
686:. CBC News.
677:
665:. Retrieved
656:
646:
634:. Retrieved
578:. Retrieved
569:
560:
536:20 September
534:. Retrieved
530:
520:
508:. Retrieved
489:
463:. Retrieved
459:the original
454:
425:. Retrieved
392:. Retrieved
383:
337:
328:
312:
300:
291:
279:
262:
254:
235:
226:
223:
208:
200:
193:
184:
152:
150:
99:
87:
75:
54:Conservative
15:
1107:Paul Martin
773:2015 Budget
744:Budget 2015
169:fiscal year
1251:Categories
465:21 October
343:References
181:Child care
161:Joe Oliver
66:Joe Oliver
40:Parliament
970:Joe Clark
32:Presented
934:November
908:November
754:21 April
725:21 April
719:Archived
694:22 April
688:Archived
667:21 April
661:Archived
636:21 April
630:Archived
580:21 April
574:Archived
546:cite web
510:14 April
504:Archived
500:CBC News
475:cite web
427:21 April
421:Archived
394:21 April
388:Archived
213:and the
176:Programs
820:General
325:Banking
276:Couples
242:⁄
190:Seniors
127:‹
116:Website
107:Deficit
96:Surplus
21: (
928:1978 (
899:1974 (
657:CBC.ca
384:CBC.ca
930:April
271:Taxes
50:Party
1236:2024
1231:2023
1226:2022
1221:2021
1216:2019
1211:2018
1206:2017
1201:2016
1183:2015
1178:2014
1173:2013
1168:2012
1163:2011
1158:2010
1153:2009
1148:2008
1143:2007
1138:2006
1120:2005
1115:2004
1097:2003
1092:2001
1087:2000
1082:1999
1077:1998
1072:1997
1067:1996
1062:1995
1057:1994
1039:1993
1034:1992
1029:1991
1024:1990
1019:1989
1014:1988
1009:1987
1004:1986
999:1985
978:1979
960:1984
955:1983
950:1982
945:1981
940:1980
924:1977
919:1976
914:1975
895:1973
890:1972
885:1971
880:1970
875:1969
870:1968
756:2015
727:2015
696:2015
669:2015
638:2015
582:2015
552:link
538:2018
512:2015
481:link
467:2018
429:2015
396:2015
151:The
134:2016
129:2014
44:41st
23:2015
19:2015
901:May
775:at
159:by
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