Browse "Policy"

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Macleans

Manley's 2003 Budget

YOU COULDN'T BLAME John Manley for not seeing it coming. He rises in the House of Commons making like a department-store Santa handing out goodies like there's no tomorrow - yet everybody's mad at him.

Macleans

Martin's 1995 Budget

A few minutes before Finance Minister Paul Martin was to deliver his budget speech in the House of Commons last week, he and Prime Minister Jean Chrétien met in Chrétien's second-floor office on Parliament Hill along with Martin's wife, Sheila, and Aline Chrétien.

Macleans

Martin's 1996 Budget

If Martin has his way, there will be one more budget - if only because he could then announce the virtual elimination of the federal deficit by the turn of the century.

Macleans

Martin's 1998 Budget

There were still three weeks remaining before budget day when Finance Minister Paul Martin sat down one afternoon for a strategy session in his fifth-floor office in the Centre Block of the Parliament Buildings.

Macleans

Martin's 1999 Budget

"I wasn't sure if he was running for leader of the party or president of Cuba," one Liberal backbencher whispered as Finance Minister Paul Martin wrapped up his one-hour, 20-minute budget speech to Parliament last week.

Macleans

Martin's 2000 Budget

By any standard it was a meaty budget. On taxes, Finance Minister Paul Martin's first fiscal plan for the new century laid the table for five years of gradual cuts to corporate and personal rates.

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Monetary Policy

Monetary policy refers to government measures taken to affect financial markets and credit conditions, for the purpose of influencing the behaviour of the economy. In Canada, monetary policy is the responsibility of the Bank of Canada, a federal crown corporation that implements its decisions through manipulation of the money supply.

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Mutual Aid

Mutual Aid is the principal economic means by which Canada assisted its allies with food, raw materials and munitions from May 1943 until the end of WORLD WAR II. The Mutual Aid Board, chaired by C.D.

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Public Finance

The relative importance of government expenditures in the Canadian economy has risen dramatically over the past 70 years, from 15% of the Gross Domestic Product (GDP) in the late 1920s to 40% of GDP in 1980 and 50% in the early 1990s.

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Unemployment Relief Camps

During the Great Depression, the federal government sanctioned the creation of a system of unemployment relief camps, where in exchange for room-and-board, single men did physically demanding labour. The government was criticized for establishing the camps rather than addressing the need for reasonable work and wages.