Budget 2016
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Table of Contents
The Effect of Low Oil Prices on National Income, Investment and Employment
Positive Developments Outside the Energy Sector
Taking Action to Grow the Economy
Chapter 1 – Help for the Middle Class
Introducing the Canada Child Benefit
How Canadian Families Will Benefit From the New Canada Child Benefit
Eliminating Income Splitting for Couples With Children
Eliminating the Children’s Fitness Tax Credit and the Children’s Arts Tax Credit
Enhancing Canada Student Grants
Making Student Debt More Manageable
Introducing a Flat-Rate Student Contribution
Eliminating the Education Tax Credit and the Textbook Tax Credit
A Renewed Youth Employment Strategy
Prime Minister’s Youth Council
Expert Panel on Youth Employment
Increasing Co-op Placements and Strengthening Work Integrated Learning..
Expanding Access to Employment Insurance for New Entrants and Re-entrants
Reducing the Employment Insurance Waiting Period From Two Weeks to One
Extending the Working While on Claim Pilot Project
Simplifying Job Search Responsibilities for Employment Insurance Claimants
Extending Employment Insurance Regular Benefits in Affected Regions
Extending the Maximum Duration of Work-Sharing Agreements
Making Employment Insurance Service Delivery More Responsive
Enhancing Access to Employment Insurance Call Centres
Strengthening the Integrity of the Employment Insurance Program
Investing in Skills and Training
Enhancing Investments in Training
Strengthening Union-Based Apprenticeship Training
Investing in Adult Basic Education in the North
Increasing the Northern Residents Deduction
Supporting Flexible Work Arrangements
Labour Market Information for Canadians
Introducing a Teacher and Early Childhood Educator School Supply Tax Credit
Chapter 2 – Growth for the Middle Class
Phase 1 of Canada’s New Infrastructure Plan
Building Strong Cities Through Investments in Public Transit
Building Capacity in Municipalities to Address Climate Change
Funding Innovative Green Municipal Projects
Developing Community Capacity for Asset Management Best Practices
Adaptation and Climate Resilient Infrastructure
Sustaining Healthy Communities Through a New Clean Water and Wastewater Fund
Supporting Early Learning and Child Care
Investing in Cultural and Recreational Infrastructure
Assisting Homeowners Affected by Pyrrhotite
Improving Access for Rural Communities to the Digital Economy
Strategic Infrastructure Investments at Post-Secondary Institutions
Strengthening Canada’s World-Class Research Capacity and Excellence
Ensuring Federal Support for Research Is Strategic and Effective
Supporting Canada’s Continued Leadership in Space
Strengthening Innovation Networks and Clusters
Helping High-Impact Firms Scale Up
Supporting a Strong and Innovative Automotive Sector
Developing a Canadian Cluster Map to Identify and Build on Regional Strengths
Helping Small and Medium-Sized Companies to Innovate and Grow
Strengthening Canada’s Network of Accelerators and Incubators
Linking Canadian Technology Companies to Global Markets and Expertise
Supporting Business Innovation Through Optics and Photonics Solutions.
Marketing Canada as a Premier Tourism Destination
National Inquiry Into Missing and Murdered Indigenous Women and Girls
Engaging With Indigenous Peoples
Improving Primary and Secondary Education for First Nations Children
Fostering Better Learning Environments by Investing in First Nations Schools
Ensuring the Safety and Well-Being of First Nations Children
Aboriginal Skills and Employment Training Strategy
Investing in Social Infrastructure to Create Inclusive Growth
Improving Housing in First Nations Communities
Supporting Northern and Inuit Housing
Providing Safe Shelter for Victims of Violence
Supporting Early Learning and Child Care
Investing in Community Infrastructure
Métis Nation Economic Development Strategy
Renewing the Urban Aboriginal Strategy
Assisting Indigenous Peoples Facing the Criminal Justice System
Aboriginal Languages Initiative
Chapter 4 –A Clean Growth Economy
Accelerating Clean Technology Development
Investing in Electric Vehicle and Alternative Transportation Fuels Infrastructure
Expanding Tax Support for Clean Energy
Investing in World-Leading Researchers in Clean and Sustainable Technology
Increasing Federal Support for Clean Technology Activities in All Regions
Advancing Regional Electricity Cooperation
Supporting the Pan-Canadian Framework on Clean Growth and Climate Change
Moving to a Cleaner Transportation Sector
Supporting Energy Efficiency and Renewable Energy Development
Adapting to Climate Change Impacts
Providing Free Access and Expanding the National Park System
Protecting Marine and Coastal Areas
Investing in Ocean and Freshwater Research
Improving Great Lakes Water Quality and Ecosystem Health
Restoring Trust in Environmental Assessment
Supporting the Canadian Environmental Assessment Agency
Taking Stock of the Arctic Environment
Improving Regulatory Review Processes for Major Projects in the North
Chapter 5 – An Inclusive and Fair Canada
Increasing the Guaranteed Income Supplement for Single Seniors
Enhancing the Canada Pension Plan
Restoring the Eligibility Ages of the Old Age Security Program
Canadian Foundation for Healthcare Improvement
Expanding Nutrition North Canada
Enhancing Food Safety in Canada
Canadian Partnership Against Cancer
Improving Heart Health for Women
Office of the Community Outreach and Counter-Radicalization Coordinator
Strengthening Heavy Urban Search and Rescue
Royal Canadian Mounted Police Vancouver Laboratory Relocation
Reopening the Kitsilano Canadian Coast Guard Facility
Strengthening the Security of Government of Canada Networks and Cyber Systems
Enhancing the Safety of Railways and the Transportation of Dangerous Goods
Chapter 6 – Canada in the World
Improving Export Verifications
Chapter 7 – Open and Transparent Government
Strengthening the Public Service
Reviewing Spending and the Tax System
Investing in Government Information Technology
Transforming Government Back Office Systems
Bargaining in Good Faith With Federal Government Unions
Chapter 8 – Tax Fairness and a Strong Financial Sector
Small Business Income Tax Rate
Donations of Real Estate and Shares of Private Corporations
Accelerated Capital Cost Allowance for Liquefied Natural Gas Facilities.
Restoring the Labour-Sponsored Venture Capital Corporations Tax Credit
Renewing Financial Sector Legislation
Introducing a Bank Recapitalization “Bail-in” Regime
Studying Housing and Household Indebtedness
Monitoring Systemic Risks to the Financial System
Supporting a Robust Credit Union System Across Canada
Enhancing the Strong Regulatory and Supervisory Framework
for Federally Regulated Pension Plans
Ensuring the Ongoing Effective Management of Canada’s Finances
Annex 1 – Details of Economic and Fiscal Projections
Annex 2 – Economic Impacts of Budget Measures
Annex 3 – Debt Management Strategy for 2016–17
Tax Measures: Table of Contents
Tax Measures: Supplementary Information
Tax Measures: Notices of Ways and Means Motions
Tax Measures: Explanatory Notes – Eligible Capital Property
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