The Existence, Extent and Elimination of Canada's Fiscal Imbalance: PDF Download
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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.
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.
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
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.
Author: Alain-G. Gagnon
Publisher: University of Toronto Press
ISBN: 1442692529
Category : Political Science
Languages : en
Pages : 497
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Book Description
First published in French in 2006, Le fédéralisme canadien contemporain was immediately recognised as the most comprehensive collection of reflections on Canadian federalism by leading Québécois scholars. This remarkable translation of a range of Québécois voices makes their insightful and underrepresented perspectives available to English-language audiences. Offering alternative views of the Canadian federal model's realities by covering its foundations, traditions, and institutions, Contemporary Canadian Federalism considers the ways in which federalism relates to issues such as regionalism, multiculturalism, rights and freedoms, financial distribution, and public policy. Filled with stimulating work that bridges the gap between distinctive traditions in English- and French-Canadian scholarship on federalism, this important volume is required reading for understanding provincial-federal relations and Canadian governance.
Author: Kristin M. Bakke
Publisher: Cambridge University Press
ISBN: 1316300439
Category : Political Science
Languages : en
Pages : 337
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Book Description
There is no one-size-fits-all decentralized fix to deeply divided and conflict-ridden states. One of the hotly debated policy prescriptions for states facing self-determination demands is some form of decentralized governance - including regional autonomy arrangements and federalism - which grants minority groups a degree of self-rule. Yet the track record of existing decentralized states suggests that these have widely divergent capacity to contain conflicts within their borders. Through in-depth case studies of Chechnya, Punjab and Québec, as well as a statistical cross-country analysis, this book argues that while policy, fiscal approach, and political decentralization can, indeed, be peace-preserving at times, the effects of these institutions are conditioned by traits of the societies they (are meant to) govern. Decentralization may help preserve peace in one country or in one region, but it may have just the opposite effect in a country or region with different ethnic and economic characteristics.
Author: Nuria Bosch
Publisher: Edward Elgar Publishing
ISBN: 1848442718
Category : Political Science
Languages : en
Pages : 279
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Book Description
This highly original book analyzes political decentralization and fiscal federalism in Canada and Germany, both traditional federal countries, and in Spain, a unitarian country engaged in the last two decades in a process of decentralization. The three key issues required for a well designed financing system are analyzed in depth herein, namely: tax assignment, equalization grants (i.e. redistribution of money from the wealthy regions or the national government to poorer regions) and the role of regional government in the administration of taxes. Fiscal Federalism and Political Decentralization will be of particular interest to academics and researchers of economics, public economics, public finance and public choice. It will also appeal to politicians and policy makers as well as organizations and agencies related to the economy and fiscal federalism.
Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1498321119
Category : Business & Economics
Languages : en
Pages : 85
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Book Description
This Financial System Stability Assessment paper discusses that Canada has enjoyed favorable macroeconomic outcomes over the past decades, and its vibrant financial system continues to grow robustly. However, macrofinancial vulnerabilities—notably, elevated household debt and housing market imbalances—remain substantial, posing financial stability concerns. Various parts of the financial system are directly exposed to the housing market and/or linked through housing finance. The financial system would be able to manage severe macrofinancial shocks. Major deposit-taking institutions would remain resilient, but mortgage insurers would need additional capital in a severe adverse scenario. Housing finance is broadly resilient, notwithstanding some weaknesses in the small non-prime mortgage lending segment. Although banks’ overall capital buffers are adequate, additional required capital for mortgage exposures, along with measures to increase risk-based differentiation in mortgage pricing, would be desirable. This would help ensure adequate through-the cycle buffers, improve mortgage risk-pricing, and limit procyclical effects induced by housing market corrections.
Author: Canada. Parliament. House of Commons
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 1200
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Book Description
Author: Canada. Parliament. House of Commons
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 966
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Book Description
Author: Alan Cairns
Publisher:
ISBN: 9781553390121
Category : Indians of North America
Languages : en
Pages : 85
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Book Description
"For nearly half a century, driven largely by Quebec nationalism, Canadians have engaged in an almost uninterrupted process of constitutional introspection, seeking a set of institutional arrangements capable of bringing a sense of unity to our large and diverse federation. The emergence of First Nations and other Aboriginal peoples onto the constitutional agenda has given the issue of Canadian citizenship and national unity a new dimension and salience. We are caught in a conflict between a democratic Canadian state which is in the business of creating citizens as a functional requirement for its effective ruling capacity and an indigenous nationalism frustrated by the constraints of this Canadian nation-building project. In this essay Alan Cairns outlines the contours of this struggle and suggests a manner of thinking which might move us in the direction of a viable middle ground.
