![]()
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
![]() |
Budget 2001 - Budget Plan Chapter 1 |
|
|||
---|---|---|---|
2001-2002 |
2002-2003 |
2003-2004 |
|
|
|||
(millions of dollars) |
|||
Spending initiatives proposed in this budget |
|||
Enhancing
security for Canadians |
|||
Security |
1,067 |
1,217 |
1,236 |
Secure, open and more efficient |
72 |
306 |
260 |
Total |
1,139 |
1,523 |
1496 |
Bridging to the future |
|||
Investing in health |
105 |
78 |
78 |
Investing in skills, learning and |
429 |
318 |
318 |
Strategic infrastucture and the |
207 |
181 |
234 |
Strategic Infrastructure |
|||
Aboriginal children |
90 |
95 |
|
International assistance |
215 |
285 |
|
Africa Fund: commitment of |
|||
Total |
956 |
667 |
1,010 |
Departmental operations |
569 |
361 |
198 |
Total spending initiatives |
2,664 |
2,551 |
2,703 |
Revenue and cost recovery initiatives proposed in this budget |
|||
Deferral of corporate income tax |
2,000 |
-2,000 |
|
Tax expenditures |
10 |
40 |
60 |
Air Travellers Security Charge |
-430 |
-445 |
|
Cost recovery |
-50 |
-50 |
|
Total |
2,010 |
-2,440 |
-435 |
Total spending, revenue and cost recovery initiatives |
4,674 |
111 |
2,268 |
|
Table 1.2
Spending and Revenue Initiatives Announced Before the 2001 Budget
|
|||
---|---|---|---|
2001-2002 |
2002-2003 |
2003-2004 |
|
|
|||
(millions of dollars) |
|||
Spending initiatives |
|||
Improving the quality of life for |
|||
Community health and |
173 |
180 |
167 |
Culture and branding Canada |
305 |
395 |
196 |
Crime prevention and drug |
30 |
30 |
30 |
Employment insurance benefits |
35 |
89 |
89 |
Community safety and crime |
23 |
32 |
45 |
Total |
565 |
726 |
526 |
Making Canada’s economy |
|||
Research and development |
|||
Government On-line |
120 |
||
Providing essential public |
|||
Economic adjustment |
183 |
103 |
120 |
Furthering international |
25 |
37 |
26 |
Total |
208 |
140 |
146 |
Total spending initiatives |
894 |
866 |
672 |
Revenue initiatives |
|||
Donations of certain publicly |
70 |
70 |
|
Tobacco tax increases |
-275 |
-440 |
-440 |
Total |
-275 |
-370 |
-370 |
Total spending and revenue |
619 |
496 |
302 |
|
Table 1.3
Spending and Revenue Initiatives Proposed
Since the October 2000 Economic Statement
|
|||
---|---|---|---|
2001-2002 | 2002-2003 |
2003-2004 | |
| |||
(millions of dollars) |
|||
Spending initiatives |
|||
Enhancing security for Canadians |
1,139 |
1,523 |
1,496 |
Bridging to the future |
1,076 |
667 |
1,010 |
Improving the quality of life for Canadians and their children |
565 |
726 |
526 |
Providing essential public services |
777 |
501 |
344 |
Total |
3,557 |
3,417 |
3,375 |
Revenue and cost recovery initiatives |
|||
Deferral of corporate income tax instalments for small businesses |
2,000 |
-2,000 |
|
10 |
105 |
120 |
|
Air Travellers Security Charge |
-430 |
-445 |
|
Tobacco tax increases |
-275 |
-440 |
-440 |
Cost recovery |
-50 |
-50 |
|
Total |
1,735 |
-2,815 |
-815 |
Total spending and revenue initiatives since the October 2000 economic statement |
5,293 |
602 |
2,560 |
|
|||
Note: Numbers may not add due to rounding. |
Table 1.4 presents the fiscal outlook to 2003-04, taking into account the spending and revenue initiatives proposed since the October 2000 Economic Statement.
Table 1.4
Summary Statement of Transactions: Budget 2001
|
||||
---|---|---|---|---|
2000-2001 | 2001-2002 |
2002-2003 | 2003-2004 |
|
|
||||
(billions of dollars) |
||||
Budgetary revenues |
178.6 |
171.3 |
174.7 |
180.7 |
Program spending |
119.3 |
130.5 |
136.6 |
140.2 |
Operating balance |
59.2 |
40.7 |
38.2 |
40.4 |
Public debt charges |
42.1 |
39.2 |
36.3 |
38.1 |
Less: Contingency Reserve |
1.5 |
2.0 |
2.5 |
|
Budgetary balance |
17.1 |
0.0 |
0.0 |
0.0 |
Net public debt1 |
547.4 |
547.4 |
547.4 |
547.4 |
Loans, investments |
-1.7 |
-1.9 |
-1.9 |
-2.2 |
Pensions and other |
1.3 |
-1.7 |
0.0 |
2.6 |
Other |
2.2 |
1.7 |
0.9 |
0.8 |
Total |
1.8 |
-1.9 |
-1.0 |
1.2 |
Financial requirements/source |
19.0 |
-1.9 |
-1.0 |
1.2 |
Per cent of GDP |
||||
Budgetary revenues |
16.9 |
15.8 |
15.9 |
15.5 |
Program spending |
11.3 |
12.0 |
12.4 |
12.1 |
Public debt charges |
4.0 |
3.6 |
3.3 |
3.3 |
Net public debt1 |
51.8 |
50.5 |
49.9 |
47.1 |
|
||||
Note: Numbers May not add due to rounding. |
- Table of Contents - Next -
![]() |
![]() |
||||
Last Updated: 2001-12-10 |