The Existence, Extent and Elimination of Canada's Fiscal Imbalance:

The Existence, Extent and Elimination of Canada's Fiscal Imbalance: PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 74

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Book Description
The mandate of the Subcommittee was to determine whether there is a nationwide consensus on the existence of a dysfunction in the federal fiscal system, to measure its size and consequences, and to propose long-term corrective measures to ensure that the provinces and territories have sufficient financial resources to carry out their constitutional responsibilities. This report summarizes the views presented by witnesses on both vertical imbalance (between orders of government) and horizontal imbalance (between provinces and territories). It also presents the Subcommittee's recommendations for rebalancing the federation.

The Existence, Extent and Elimination of Canada's Fiscal Imbalance:

The Existence, Extent and Elimination of Canada's Fiscal Imbalance: PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 74

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Book Description
The mandate of the Subcommittee was to determine whether there is a nationwide consensus on the existence of a dysfunction in the federal fiscal system, to measure its size and consequences, and to propose long-term corrective measures to ensure that the provinces and territories have sufficient financial resources to carry out their constitutional responsibilities. This report summarizes the views presented by witnesses on both vertical imbalance (between orders of government) and horizontal imbalance (between provinces and territories). It also presents the Subcommittee's recommendations for rebalancing the federation.

Canada's Fiscal Imbalance

Canada's Fiscal Imbalance PDF Author: Canada. Federal-Provincial-Territorial Ministers of Finance
Publisher:
ISBN:
Category :
Languages : en
Pages : 5

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Book Description


Canada's Fiscal Imbalance, Resolving this Issue is Key to Sustaining Health Care and Other Social Programs:

Canada's Fiscal Imbalance, Resolving this Issue is Key to Sustaining Health Care and Other Social Programs: PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 5

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Book Description
This bulletin provides a perspective on the national fiscal imbalance, the situation in which federal government revenues exceed the cost of fulfilling federal program responsibilities while provincial/territorial governments lack the revenue-raising capacity to meet their constitutional spending responsibilities. Issues discussed include the adequacy of the current approach to addressing this situation, the magnitude of spending pressures, whether provinces & territories should raise taxes, the order of government with the highest future fiscal potential, the federal debt level, and how the fiscal imbalance can be corrected.

Reconciling the Irreconcilable

Reconciling the Irreconcilable PDF Author: Robert Gangé
Publisher:
ISBN:
Category : Finance, Public
Languages : en
Pages : 126

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Existence, extent and elimination of Canada's fiscal imbalance

Existence, extent and elimination of Canada's fiscal imbalance PDF Author: Canada. Parlement. Chambre des communes. Comité permanent des finances
Publisher:
ISBN:
Category : Finances publiques
Languages : en
Pages : 146

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Book Description


Canada's Fiscal Imbalance : Resolving this Issue is Key to Sustaining Health Care and Other Social Programs : a Perspective from Canada's Provincial and Territorial Ministers of Finance

Canada's Fiscal Imbalance : Resolving this Issue is Key to Sustaining Health Care and Other Social Programs : a Perspective from Canada's Provincial and Territorial Ministers of Finance PDF Author: Canada. Department of Finance
Publisher:
ISBN:
Category :
Languages : en
Pages : 10

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Reconciling the irreconcilable

Reconciling the irreconcilable PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
The title of our report, Reconciling the Irreconcilable, focuses attention on the multidimensional character of fi scal imbalance and the challenges associated with securing a consensus among the members of the Council themselves and between the Council and the Government of Canada. [...] There are no clear "rules of the road" to facilitate the functioning of fi scal federalism at a time when the federal government has both the resources and the inclination to spend on matters that are constitutionally the responsibility of provinces. [...] The Government of Canada's practice of making unilateral decisions that have a powerful impact on provincial governments corrodes the relationships of trust and the networks of collaboration and mutual respect that are so vital to the healthy functioning of the federation. [...] Given the slow pace of development of their offshore resources and the need to preserve the incentives of the arrangements, these agreements are meant to refl ect the intent of the earlier commitments. [...] The advantage of this freedom of action to the federal government became clear in the dramatic fi scal retrenchment of the 1995 federal budget, which demonstrated that it was 18 possible for the federal government to shift the spending power into reverse - that is, to abruptly and unilaterally reduce its transfers to the provinces and territories.

Tax Cuts and the "fiscal Imbalance"

Tax Cuts and the Author: Marc Lee
Publisher: Canadian Centre for Policy Alternatives = Centre canadien de politiques alternatives
ISBN: 9780886274948
Category : Canada
Languages : en
Pages : 28

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Book Description


Restoring Fiscal Balance in Canada

Restoring Fiscal Balance in Canada PDF Author: Canada. Department of Finance
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 150

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Book Description
Debates over fiscal arrangements in Canada are not new. Many of the debates of the past focused on challenges that continue to this day - especially the need to continually adapt to changes in fiscal balance that result from evolving circumstances and the changes in the roles and responsibilities of governments that accompany them. In addition, new issues have arisen in recent years, including how to deal with substantial unplanned federal surpluses and the challenges facing municipalities. This document sets out four major sets of concerns that are the focus of the current debate and the Government's approach for following through on the commitment made to address concerns over the fiscal imbalance. Ch. 2 describes how large, unplanned federal surpluses have given rise to concerns that federal budgeting has not been sufficiently tranparents. Ch. 3 describes how federal government has undertaken significant new spending initiatives in areas of provincial responsibility, leading to concerns about blurred accountability and reduced clarity with respect to roles and responsibilities of each order of government. Ch. 4 described how the federal government cut transfers to provinces and territories in order to get its fiscal house in order in the mid-1990s, and then made significant investments that restored overall transfers. Concerns remain that some tranfers have not yet been put on a principle-based, predictable, long-term track. Ch. 5 describes the need for both orders of government to do more to enhance the efficiency and competitiveness of the economic union.

Fiscal Federalism and Equalization Policy in Canada

Fiscal Federalism and Equalization Policy in Canada PDF Author: Daniel Béland
Publisher: University of Toronto Press
ISBN: 144263541X
Category : Business & Economics
Languages : en
Pages : 145

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Book Description
"Fiscal Federalism and Equalization Policy in Canada is a concise book that aims to increase public understanding of equalization and fiscal federalism by providing a comparative and multidisciplinary perspective on the history, politics, and economics of equalization policy in Canada. The authors provide a brief history of the equalization program, a discussion of key economic debates concerning the role of that program and its effects, an analysis of the politics of equalization as witnessed over the last decade, and an exploration of the relationship between equalization and other components of fiscal federalism, particularly the Canada Health Transfer and the Canada Social Transfer. The result is an analysis of equalization that draws from the best scholarship available in the fields of economics, economic history, political science, public policy, and political sociology."--