Ontario’s Ford government has tabled a $187-billion budget in response to the COVID-19 pandemic. On Nov. 5, 2020, the Ontario government released its provincial budget and focused on three themes: protection, support and recovery. In the 2020 budget, Ontario…
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At the end of each year, the Treasury Board provides the National Association of Federal Retirees with information on the pension indexing increase that is effective Jan. 1. The pension indexation rate effective Jan. 1, 2021, is one per cent….
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The federal government has outlined its plan to support Canadians hit hard by the COVID-19 pandemic in a new speech from the throne. Please note that important updates have been made to this article since it was originally published. It…
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The Public Service Alliance of Canada (PSAC) announced on July 9, 2020 that it had negotiated a $2,500 general damages compensation for all its members employed by the federal public service between fiscal years 2016-17 and 2019-20 due to the Phoenix…
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As the COVID-19 pandemic continues around the world, Russia and Saudi Arabia have been in an oil-price war. Both events bring significant economic insecurity. Millions are under stay-at-home orders, and applications for employment insurance are at an all-time high. Stocks…
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The federal government has undertaken some new initiatives in the face of COVID-19 and the economic uncertainty that has befallen many Canadians. While some details are yet to be determined, the following highlights in the federal economic response plan are…
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As budget season continues, two more provinces and territories released their budgets in late February 2020. In this second instalment of our budget round up, we look at the budgets for the Northwest Territories and Alberta. Read on to learn…
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‘Tis the season – budget season! During the spring months, Canada’s federal, territorial and provincial governments are hard at work crunching numbers, fine-tuning policies and programs, and churning out budgets that will shape where we live, retire and play. In…
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The federal government has launched an online consultation called #YourBudget in preparation for the tabling of the 2020 federal budget. Prior to this fall’s election, the House of Commons Finance Committee also started its consultation process by collecting written submissions….
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On Dec. 12, 2019, Prime Minister Justin Trudeau released ministerial mandate letters outlining the policy objectives and challenges each minister will work to accomplish and address. Mandate letters were made public for the first time in 2015 in an effort…
Read articleEach summer, the House of Commons Standing Committee on Finance begins conducting consultations for the following year’s federal budget. Despite this fall’s federal election, the committee started the process and collected written submissions in August. The committee was dissolved…
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