Trudeau’s first federal budget by the numbers
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- Read the full budget document here
- Rob Carrick: 10 ways the budget will affect your finances
- Robert Fife: How Trudeau and his cabinet built their first budget
- Laura Stone: What Liberal promises were kept or broken?
Deficit
5
in billions of dollars
Projected
0
-5
-10
-15
-20
-25
-30
‘11-
’12
‘12-
’13
‘13-
’14
‘14-
’15
‘15-
’16
‘16-
’17
‘17-
’18
‘18-
’19
‘19-
’20
‘20-
’21
5
in billions of dollars
Projected
0
-5
-10
-15
-20
-25
-30
2011-
2012
2012-
2013
2013-
2014
2014-
2015
2015-
2016
2016-
2017
2017-
2018
2018-
2019
2019-
2020
2020-
2021
5
in billions of dollars
Projected
0
-5
-10
-15
-20
-25
-30
‘11-
’12
‘12-
’13
‘13-
’14
‘14-
’15
‘15-
’16
‘16-
’17
‘17-
’18
‘18-
’19
‘19-
’20
‘20-
’21
5
in billions of dollars
Projected
0
-5
-10
-15
-20
-25
-30
2011-’12
2012-’13
2013-’14
2014-’15
2015-’16
2016-’17
2017-’18
2018-’19
2019-’20
2020-’21
The Liberals are projecting a $29.4-billion deficit in the 2016-17 fiscal year – triple what they promised during the election, although a $6-billion contingency fund is built into that figure. There are no plans to balance the books as promised by 2019, when the deficit is projected at $17.7-billion. National debt sits at $648.7-billion in this budget, rising to $718.2-billion by 2019-20.
Here's a broad look at how revenue and expenses break down for the 2016-17 fiscal year:
$287.7-billion revenues
Excise taxes
and duties
49.6
Income taxes
EI
premiums
Other
revenues
181.4
22.4
27.7
Deficit
$29.4-billion deficit
$317.1-billion expenses
Public debt charges
Major transfers to
other levels of government
25.7
68.6
Major transfers
to persons
Direct program expenses
91.4
291.4
$287.7-billion revenues
$317.1-billion expenses
Public debt charges
Major transfers to
other levels of government
Excise taxes
and duties
25.7
68.6
49.6
Income taxes
Other
Revenues
EI
Premiums
Major transfers
to persons
181.4
Direct program expenses
27.7
22.4
91.4
291.4
Deficit
$29.4-billion deficit
$287.7-billion revenues
Excise taxes
and duties
49.6
Income taxes
Other
revenues
EI
premiums
181.4
27.7
22.4
Deficit
$29.4-billion deficit
$317.1-billion expenses
Public debt charges
Major transfers to
other levels of government
25.7
68.6
Major transfers
to persons
Direct program expenses
91.4
291.4
$287.7-billion revenues
$317.1-billion expenses
Public debt charges
Major transfers to
other levels of government
Excise taxes
and duties
25.7
68.6
49.6
Income taxes
Other
revenues
Major transfers
to persons
EI
premiums
181.4
Direct program expenses
22.4
27.7
91.4
291.4
Deficit
$29.4-billion deficit
Canada Child Benefit
As expected, the government is repealing current child benefits and introducing a tax-free measure that helps lower- and middle-income families. Although the Liberals say families will see an increase of almost $2,300 this year, experts say it's still less than what was promised in their platform.
Public transit
The government will invest $3.4-billion in transit over the next three years, with Ontario receiving almost $1.5-billion of the new funding, followed by Quebec at $923-million. But no money is promised after that.
Infrastructure
More broadly, here's how the first five-year phase of infrastructure spending breaks down:
Five-year total, in millions of dollars
Green infrastructure
Public transit
Social infrastructure
Cultural and recreational
$342
Public Transit
Infrastructure Fund
$3,400
Early learning and child care
$400
Water, wastewater and waste management infrastructure for First Nations communities
$2,242
Social infrastructure investments in First Nations, Inuit and northern communities
$1,219
Clean Water and Wastewater Fund
$2,000
Affordable housing
$1,481
Climate change
mitigation and
adaptation
infrastructure projects
$518
Supporting municipal capacity-building
$250
Green infrastructure
Public transit
Social infrastructure
Cultural and recreational
$342
Supporting municipal capacity-building
$250
Early learning and child care
$400
Climate change mitigation and adaptation
infrastructure projects
$518
Total
Social infrastructure investments in
First Nations
Inuit and northern communities
$1,219
Clean Water and Wastewater Fund
$2,000
Water, wastewater and waste management infrastructure for First Nations communities
$2,242
Public Transit Infrastructure Fund
$3,400
Affordable housing
$1,481
Green infrastructure
Public transit
Social infrastructure
Cultural and recreational
$342
Public Transit
Infrastructure Fund
$3,400
Early learning and child care
$400
Water, wastewater and waste management infrastructure for First Nations communities
$2,242
Social infrastructure investments in First Nations, Inuit and northern communities
$1,219
Clean Water and Wastewater Fund
$2,000
Affordable housing
$1,481
Climate change
mitigation and
adaptation
infrastructure projects
$518
Supporting municipal capacity-building
$250
Green infrastructure
Public transit
Social infrastructure
Supporting municipal capacity-building
$250
Cultural and recreational
$342
Climate change mitigation and adaptation
infrastructure projects
$518
Early learning and child care
$400
Total
Social infrastructure investments in
First Nations
Inuit and northern communities
$1,219
Clean Water and Wastewater Fund
$2,000
Water, wastewater and waste management infrastructure for First Nations communities
$2,242
Public Transit Infrastructure Fund
$3,400
Affordable housing
$1,481
Affordable housing
The government pledges $2.3-billion in social infrastructure spending on affordable housing construction and renovation, shelters for victims of violence, and tackling homelessness over the next two years. Of that money, provinces and territories will receive $2.2-billion, with another $739-million dedicated to First Nations housing.
Employment Insurance
Owing to the dramatic decline in oil prices, so-called "commodity workers" in 12 regions across Canada – from Newfoundland to Northern Ontario to Alberta to the North – will see their EI benefits extended by five weeks and up to 20 in some cases.
0
70
Claimants in affected regions would be eligible to receive an extra five weeks of EI regular benefits
Long-tenured workers would be eligible to receive up to an additional 20 weeks
0
70
Long-tenured workers would be eligible to receive up to an additional 20 weeks
Claimants in affected regions would be eligible to receive an extra five weeks of EI regular benefits
0
70
Claimants in affected regions would be eligible to receive an extra five weeks of EI regular benefits
Long-tenured workers would be eligible to receive up to an additional 20 weeks
0
70
Long-tenured workers would be eligible to receive up to an additional 20 weeks
Claimants in affected regions would be eligible to receive an extra five weeks of EI regular benefits
Indigenous peoples
The budget includes an entire chapter on Canada's First Nations, pledging $8.4-billion over five years to improve the socioeconomic conditions of indigenous peoples, including $40-million over two years for an inquiry into missing and murdered aboriginal women. Here's how the first five-year phase of spending breaks down:
Improving the socio-economic conditions of indigenous peoples
Other initiatives
Education, children and training
Rebuilding the relationship
Green infrastructure
Social infrastructure
$2.5 billion
2
1.5
1
.5
0
2016-17
2017-18
2018-19
2019-20
2020-21
Other initiatives
Social infrastructure
Green infrastructure
Education, children and training
Rebuilding the relationship
$2.5 billion
2
1.5
1
.5
0
2016-17
2017-18
2018-19
2019-20
2020-21
Other initiatives
Education, children and training
Rebuilding the relationship
Green infrastructure
Social infrastructure
$2.5 billion
2
1.5
1
.5
0
2016-17
2017-18
2018-19
2019-20
2020-21
Other initiatives
Social infrastructure
Green infrastructure
Education, children and training
Rebuilding the relationship
$2.5 billion
2
1.5
1
.5
0
2016-17
2017-18
2018-19
2020-21
2019-20
Veterans
The government has made good on its promise to provide support for disabled and injured veterans, promising $3.7-billion this year alone. It will also reopen the nine Veterans Affairs offices closed under the Conservative government, adding one more in Surrey, B.C.
Postsecondary education
The budget proposes to increase Canada Student Grant amounts by 50 per cent: to $3,000 from $2,000 a year for low-income families; to $1,200 from $800 for middle-income families; and to $1,800 from $1,200 for part-time students.
CBC/Radio-Canada
The public broadcaster gets a big boost in this budget: $675-million over five years for "world-class Canadian content," and to provide "better access to programs and services in the digital area."
675
CBC/Radio-Canada
550
Canada Council for the Arts
Canada Cultural Spaces Fund
168.2
Canada Science and
Technology Museum
156.4
114.9
National Arts Centre
105.9
Supporting National Museums
Showcasing Canada’s cultural
industries to the world
35
22
Telefilm Canada
20
National Historic Sites
13.5
National Film Board of Canada
9.6
National Gallery of Canada
675
CBC/Radio-Canada
550
Canada Council for the Arts
Canada Cultural Spaces Fund
168.2
Canada Science and
Technology Museum
156.4
114.9
National Arts Centre
105.9
Supporting National Museums
Showcasing Canada’s cultural
industries to the world
35
Telefilm Canada
22
National Historic Sites
20
National Film Board of Canada
13.5
National Gallery of Canada
9.6
675
CBC/Radio-Canada
550
Canada Council for the Arts
Canada Cultural Spaces Fund
168.2
Canada Science and
Technology Museum
156.4
114.9
National Arts Centre
105.9
Supporting National Museums
Showcasing Canada’s cultural
industries to the world
35
Telefilm Canada
22
National Historic Sites
20
National Film Board of Canada
13.5
National Gallery of Canada
9.6
675
CBC/Radio-Canada
550
Canada Council for the Arts
Canada Cultural Spaces Fund
168.2
Canada Science and
Technology Museum
156.4
114.9
National Arts Centre
105.9
Supporting National Museums
Showcasing Canada’s cultural
industries to the world
35
Telefilm Canada
22
National Historic Sites
20
National Film Board of Canada
13.5
National Gallery of Canada
9.6
Counter-radicalization
The Liberals are following through on their pledge to create an Office of the Community Outreach and Counter-radicalization Co-ordinator, which will lead on Canada's response to radicalization, at a cost of $35-million over five years. The government also reiterated its pledge to repeal the "problematic" elements of anti-terror Bill C-51 following consultation, with no details on the elements or the timeline.
Refugees
The government has revealed the cost to bring and resettle 10,000 more than Syrian refugees to Canada this year: $245-million over five years.
FEDERAL BUDGET 2016: FULL ANALYSIS
Parents, students and seniors: Rob Carrick explains what the budget means for you
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