$400M

Personal Corporate Other excise taxes Other revenues Our plan does not say “yes” to every
income tax income tax /duties $10.9 $27.5 demand; it does not contain massive
$119.9 $32.1 Customs import new spending—because that’s not
EI premium
duties $3.8 revenues $18.9 leadership. Leadership is about
Reintroducing ecoEnergy tax
finding a balance between needs. credit for homeowners to
(figures in GST — Finance Minister Jim Flaherty invest in energy efficiency
billions of Other $30.1
Federal Budget 2011-12
$252M
dollars) income

Breaking
tax $5.8

Clean energy regulatory actions

$228M
TOTAL $249.1
down the For repairs to bridges in Montreal

$150M
budget
DEFICIT $29.6 BILLION REVENUES BILLION To build a highway from Inuvik, N.W.T.
to Tuktoyaktuk on the Arctic Ocean
r you
What it means fo $278.7
SINGLE PERSON
TOTAL
EXPENSES
s here.
BILLION $100M
To improve Canada’s food
No cuts or increase inspection system
FAMILIES
• No new taxes. up to
• New tax credit of the
$500 per child fo
r on
$80M
Industrial research assistance
llin g in art or
cost of enro program to help colleges and
mus ic pr og ra m s. businesses collaborate
caregiver
• A $2,000 family g for

$72M
rin
credit for those ca w
m m on -la
spouses, co
ers an d ch ild ren with Fiscal
partn
special need s. Lim its arrangements To repair storm-damaged
ov ed on am ou nt $16.9 small craft harbours
rem
im for
caregivers can cla x credit.
$65M
Direct program
med ica l ex pe ns e ta Children’s Cities and Other expenses
benefits communities $1.6 $119.1
SENIORS -boost to Employment
$13.1 $2.0 More money for CBC to develop
“high quality” programming
$300 milli on
me Public debt Insurance
Guaranteed Incoto Alternative payments
$50M
en t, up an extra charges $19.5 Federal transfer
Su pp lem gle for standing programs
$600 pe r year fo r sin
$33.0 support for health and
tra $840 Elderly benefits — $3.1
seniors and an exor couples. other social programs
For Perimeter Institute for Theoretical
per year for seni $38.0 $38.7 Physics in Waterloo, Ont.
Figures may not add up due to rounding

REVENUES/EXPENSES
billions
BUDGETARY BALANCE
billions
DEBT-TO-GDP
per cent of GDP
70
$50M
$300 $10 projected
Agricultural Innovation fund

$34M
’09-’10 ’10-’11 ’11-’12 ’12-’13 ’13-’14 ’14-’15 60
0
250 -$0.3
50
200 -10 Enhance federal
-$9.5 40 student loans program
150 -20
-$19.4 30
100
revenues
-30
-$29.6 Return to budgetary 20 $27M
expenses -40
balance in 2015-16 Improving Canada’s weather services
50 +$4.2B 10
-$40.5
0
’09-’10 ’10-’11 ’11-’12 ’12-’13 ’13-’14 ’14-’15 ’15-’16
-50 0
’95-’96 ’00-’01 ’05-’06 ’10-’11 ’15-’16
$25M
projected -60 -$55.6 projected For Harbourfront Centre in Toronto

THE BIG DOCTORS VOLUNTEER SMALL THE BIG CHARITIES

FIREFIGHTERS BUSINESSES
WINNER New doctors and nurses can
get some of their student loans New $3,000 tax credit
‘forgiven’ if they work in rural
Tax credit of up to $1,000 for
each new employee hired, to
LOSER Changes in flow-through shares
rules may result in fewer high
dollar donations being made
and remote parts of Canada offset hike in EI premiums
Source: Government of Canada SUSAN BATSFORD/QMI AGENCY