Welcome!

News Feed Item

Government of Canada Tables 2014-2015 Main Estimates with $800-Million Decrease in Planned Voted Expenditures

OTTAWA, ONTARIO -- (Marketwired) -- 02/27/14 -- Treasury Board of Canada Secretariat

Today, the Government of Canada tabled the 2014-2015 Main Estimates in the House of Commons.

This year's Main Estimates reflect a steady decrease in voted appropriations, with this year's voted budgetary amount down nearly $800 million from last year.

The Main Estimates provide information on $235.3 billion in planned budgetary expenditures for the 2014-2015 fiscal year. This amount includes $86.3 billion in planned voted expenditures, which have decreased from $87.1 billion in 2013-2014, and $149 billion in statutory expenditures. Statutory spending has increased by $3.53 billion, largely due to changes in the forecast of elderly benefits and the Canada Health Transfer.

Quick Facts

--  The Main Estimates support the Government's request for Parliament's
    approval of expenditures that were already planned for in Canada's
    Economic Action Plan 2013 or in previous decisions.
--  The Main Estimates reflect the Government's resource allocation
    priorities for the fiscal year. The voted amounts represent maximum "up
    to" ceilings or estimates and may not be fully spent during the course
    of the year. Actual expenditures are found in the Public Accounts.
--  These estimates, combined with the Reports on Plans and Priorities,
    Public Accounts, and Departmental Performance Reports, help inform
    Parliament and hold the Government to account for allocating and
    managing public funds.
--  The Main Estimates voted appropriations include the following items,
    which were announced in Economic Action Plan (EAP) 2013:
    --  an increase of $311.7 million for Health Canada to stabilize, renew,
        and expand important health programs and services for First Nations
        and Inuit communities;
    --  the Canada Mortgage and Housing Corporation's $253.1 million
        Investment in Affordable Housing program, as well as $70 million for
        housing in Nunavut; and
    --  an increase of $59.6 million for the National Research Council of
        Canada to realign industry-focused research.
--  Any planned expenditures announced in EAP 2014 will be included in
    future Estimates documents.

Quotes

"This year's Main Estimates once again show a marked reduction in the amount of voted spending. The estimates for voted appropriations are down nearly $800 million from last year-a clear result of our Government's unwavering resolve to cut unnecessary spending and return to a balanced budget."

- Tony Clement, President of the Treasury Board

Related products

- Main Estimates, 2014-15

Associated Links

- Government Expenditure Plan and Main Estimates (Parts I and II)

- The Reporting Cycle for the Government Expenditures

- Tools and Resources for Parliamentarians

Follow us on Twitter: @TBS_Canada.

Contacts:
Heather Domereckyj
Press Secretary
Office of the President of the Treasury Board
613-957-2666

Media Relations
Treasury Board of Canada Secretariat
613-957-2640

TTY (telecommunications device for the hearing impaired)
613-957-9090

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
"Storpool does only block-level storage so we do one thing extremely well. The growth in data is what drives the move to software-defined technologies in general and software-defined storage," explained Boyan Ivanov, CEO and co-founder at StorPool, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.