Hey All,
The Canadian Government has tabled its budget proposal for the next year. What's interesting is that this is a minority government and accepting the budget is a mandatory vote of confidence. What this means is that if the parties in opposition vote against the budget, the government is dissolved and a new election called.
The budget overview is essentially a significant increase in spending off loaded a couple of years. The key winners are national health care (increased $805 million CAD over five years), child care ($5 billion for a new Early Learning and Child Care initiative.), tax reduction and investment incentives, green initiatives ($1 billion over five years to encourage cost-effective initiatives), defense ($12.8 bn over five years).
Here's the full budget here:
http://www.fin.gc.ca/budtoce/2005/budliste.htm
So, with the political realities in mind, what do you all think of this plan?
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