2016-17

2017-18

2018-19

2019-20

($ millions)

1. Uses of Funds

    Jobs and Infrastructure

      Small business tax rate

375

525

225

      Extend ACC allowance

10

10

10

10

      Innovation Tax Credit

40

40

40

40

      LSVCC Tax Credit

140

140

140

140

      Infrastructure (1ct of gas tax)

420

1,000

1,250

1,500

      Transit Infrastructure Fund

1,300

1,300

1,300

1,300

      Auto Sector Jobs Strategy

25

50

50

75

      National Aerospace Jobs Plan

25

50

50

75

      Destination Canada

5

10

15

      Forestry

26

26

26

26

      Other

677

352

312

129

      Total

3,043

3,503

3,418

3,295

    Health and Seniors Care

      Seniors Initiative

355

450

450

450

      Other

490

1,140

2,050

      Total

355

940

1,590

2,500

    Helping Families Get Ahead

      $15 a Day Child Care

500

1,250

1,964

2,634

      Bringing Families Together

194

69

      EI Benefit Enhancements

1,650

5,500

5,500

5,500

      Total

2,344

6,819

7,464

8,134

    Opportunities for Young Canadians     

140

251

405

586

    Safe and Secure Canada

      Increase Funding for Policing

62.5

62.5

62.5

62.5

      Joint Disaster Assistance

9

9

9

9

      Funding for Veterans

114

114

114

114

      Other

115

212

309

      Total

184.5

300.5

397.5

494.5

    Helping Where It Is Needed Most

      Retirement Income

?

?

?

?

      Poverty Reduction

?

?

?

?

      Social Housing

420

489

565

636

      Women’s Shelters

10

10

10

10

      Other

142

136

172

310

      Total

572

635

747

956

    Stronger Communities; Stronger Democracy

      Democratic Reform

?

?

?

?

      Science & Technology

?

?

?

?

      Language and Arts

?

?

?

?

      Total

157.7

195.7

223.7

243.7

    Supporting Indigenous Peoples

604

579

529

594

    Sub-Total

7,400

13,223

14,774

16,803

    Measures Announced But Not Included Above

      Increase ODA to 0.7% of GNI

350

1,400

2,800

4,200

      Restore 6% CHT Escalator

866

1,462

2,096

      Sports Canada

7

7

7

7

      Total

357

2,273

4,269

6,303

    Total Uses of Funds

7,757

15,496

19,043

23,106

2. Sources of Funds

    Increase corporate tax rate

3,700

3,700

3,700

3,700

    Cancel income splitting

1,995

2,050

2,100

2,165

    Reduce TFSA limit to $5,500

160

235

295

360

    Tax Integrity Measures

500

500

500

500

    End Fossil Fuel Subsidies

240

240

240

240

    Close Stock Options Loopholes

500

500

500

500

    Reallocate Unspent P3 Canada Funds to Infrastructure Canada (1)

    Maintain EI premium rates

1,650

5,500

5,500

5,500

    Other

65

65

64

64

    Total

8,810

12,790

12,909

13,029

3. Net Impact

    Including Only Those Measures in A “Balanced Budget”

1,410

-433

-1,866

-3,775

    Including All Measures Announced to Date

1,053

-2,706

-6,135

-10,078