2016-17

2017-18

2018-19

2019-20

($ millions)

1. Uses of Funds

    Fairness for the Middle Class

      Reduce 22% tax to 20.5%

2,870

2,925

3,000

3,050

      Canada Child Benefit

3,765

3,915

4,050

4,175

      Restore age eligibility for OAS/GIS              

No impact over planning period

      Increase GIS

720

760

800

840

      Seniors Price Index

55

105

160

210

      GST rebate for new rental housing

125

130

130

135

      RRSP Home Buyer’s Plan

5

5

5

5

      Total

7,540

7,840

8,145

8,415

    New Infrastructure Spending

      Public Transit

1,675

1,675

1,150

1,150

      Social Infrastructure

1,675

1,675

1,150

1,150

      Green Infrastructure

1,675

1,675

1,150

1,150

      Canada Infrastructure Bank

?

?

?

?

?

      Total

?

5,025

5,025

3,450

3,450

    Creating Jobs & Opportunities for Young Canadians

      Youth Employment Program

455

455

455

125

      Restore LSVCC tax credit

115

160

165

165

      New training investment

200

200

200

200

      Aboriginal skills training.

50

50

50

50

      Trades training equipment

25

25

25

25

      Teacher supply tax credit

60

60

60

60

      Total

905

950

935

625

    A New Plan for Canada’s Environment and Economy

      Sector Specific Technologies

200

200

200

200

      Invest in Clean Technologies

100

100

100

100

      Suspend fees to National Parks

15

50

      Develop Parks System

50

50

50

50

      Fresh-Water Research

50

50

50

50

      Total

415

445

400

400

    Employment Insurance That Strengthens Our Economy and Works for Canadians

      Reduce Waiting Period

175

700

725

750

      Labour Market Development Agreements

125

500

500

500

      Repeal 2012 Budget Measures

8

125

125

130

      Compassionate care benefit

48

190

195

200

      End new/re-entering discrimination

138

550

560

570

      More flexible parental leave

30

125

125

130

      Total

750

2,275

2,275

2,275

    Education & Economic Opportunity for First Nations

      First Nations Education

100

200

300

300

      Education Infrastructure

100

300

100

      Post-Secondary Support Program

50

50

50

50

      Support for Languages & Culture

?

?

?

?

      Total

250

550

450

350

    Increased Support for Veterans

      Permanent Impairment Allowance           

25

25

25

25

      Increase Earnings Loss Benefit

38

42

44

46

      New Veterans Education Benefit            

80

80

80

80

      Enhanced Support for Families

100

100

100

100

      Double Lost Post Funding

5

5

5

5

      Re-Open 9 Service Offices

7

7

7

7

      Hire 400 new staff

50

50

50

50

      Create 2 New Centres of Excellence         

20

      Total

325

309

311

313

    Protecting Our Culture

      Increase funding to the CBC

75

150

150

150

      Double Funding to Canada Arts Council

90

180

180

180

      Increase Funding to Telefilm/NEB

10

25

25

25

      Promart & Trade Routes

10

25

25

25

      Total

185

380

380

380

    Immigration

      Reduce processing time

25

50

50

50

      Eliminate fee for caregivers

8

8

8

8

      25,000 Syrian refugee (1)

100

50

      Total

133

108

58

58

  Initiatives Still to be Announced

1,170

2,375

2,557

1,355

 Total Uses of Funds

16,472

20,082

18,826

17,531

2. Sources of Funds

    Cancel income splitting

1,995

2,050

2,100

2,165

    Introduce fifth bracket

2,800

2,856

2,913

2,971

    Reduce TFSA limit to $5,500

160

235

295

360

    Continue to phase-out fossil fuel subsidies

125

250

250

    Tax expenditure review

500

1,000

2,000

3,000

    Increase EI Premium Rates

524

2,100

2,140

2,185

    Total

5,979

8,366

9,708

10,931

3. Net Impact

-10,493

-11,716

-9,118

-6,600