POLS 2250 Lecture Notes - Lecture 11: Canada Social Transfer, Canada Health Transfer, Income Tax
28 Dec 2015
School
Department
Course
Professor
Document Summary
: ending in march 31, 2014 - . 7 billion total revenue. Other (crown corporations, sales of goods and services) Payments that go to persons, other levels of government or other organizations. Elderly benefits - oas; gis; allowance for spouses (15 cents) Children"s benefits - canada child tax benefit; universal child care. Canada social transfer - post-secondary, social programs (5 cents) Bulk of expenditures after transfers goes to pay the operating costs of more than 130 departments, agencies, crown corporations and other federal bodies that provide services to canadians. Nearly half of that spending goes to just 3 organizations. Public safety - rcmp, federal prisons, border traffic and security operations (3 cents) This represents the interest charges for the money the federal government has borrowed and not yet repaid. 74% of the federal government"s unmatured debt is owed to canadians. Priorities are defined & ideological differences revealed i. Fiscal year = april 1st to march 31st.
