Crown Corporation – A company that is owned by the federal or
Deficit – Occurs when a government spends over and above the
amount it gathers in taxes for a specific period of time (namely, a
Equalization – A federal government program for reducing fiscal
disparities among provinces.
Federal budget – A comprehensive report that reveals
government financial policies for the coming year.
Fiscal Policy – The federal government’s effort to keep the
economy stable by increasing or decreasing taxes or government
Industrial policy – A comprehensive, coordinated government
plan to guide and revita