POLS 2250 Lecture Notes - Lecture 34: Wok, Oxymoron, New Public Management
24 Jun 2015
School
Department
Course
Professor
Document Summary
3 main objectives for budgets: macroeconomic policy, microeconomic policy, raise revenues to fund expenditures, fiscal year april 1st to march 31st, two types of budget, revenue budget, expenditure budget. Revenue budget: typically delivered by minister of finance in february as part of budget speech, outline new taxes or modification to existing ones. New government coming into power may trigger change and a budget update. Does outline new taxes and modifications: several objectives, describe/ look at the current economic climate and future prospects. See how canada has compared to others, and see where it can still grow and expand. Getting individuals who have lost their jobs back to work. Government wants steady growing jobs: targeted, affordable spending measures. Advanced research and innovation (canada first research. Excellence fund - . 5 billion over 10 years, million over 2 years to automotive innovation fund) Encourage trade and foreign investment to support manufacturing.
