Budget 2014 documents can be found here 2014 Budget
Economic Action Plan 2014 to Be Tabled on February 11, 2014
Marks Finance Minister Jim Flaherty’s 10th Federal Budget
Finance Minister Jim Flaherty announced today that he will table Economic Action Plan 2014 in the House of Commons on February 11, 2014.
- The budget is the key policy document of the Government, defining how the Government intends to implement its priorities, which have often been previously defined through election commitments and the Speech from the Throne.
- The approval of Parliament must be obtained in order for measures proposed in the budget to be implemented. Members of Parliament also participate in the budget process through parliamentary standing committees, especially the House of Commons Standing Committee on Finance.
“As we prepare Economic Action Plan 2014, our top priority remains jobs, growth and long-term prosperity. It is important that we continue to build on our successes and remain focused on the drivers of growth and job creation—innovation, investment, education, skills and communities—underpinned by our commitment to lower taxes and returning to a balanced budget in 2015.”
- Jim Flaherty, Minister of Finance
Budget 2014: Conclusion of the Pre-Budget Consultations
Once again, as we conclude our pre-budget consultations, I am overwhelmed by the positive and insightful feedback we have received from Canadians across the country. Your input in the pre-budget process is invaluable to me and my colleagues, as we move forward in keeping Canada's economy strong. That means keeping taxes low, so you can keep more of your hard-earned dollars, while investing in programs and services that are important to you and your family.
In addition to hearing your views, as I do every year, I also consult many experts, private sector economists, academics and business representatives, as well as my Cabinet colleagues and fellow Parliamentarians. This allows our Government to get a full picture of what everyone is saying about the economy.
As we keep a steady hand on the economy, it is important that we continue to build on our successes and remain focused on the drivers of growth and job creation—innovation, investment, education, skills and communities—all underpinned by our commitment to lower taxes, sound financial management and a return to balanced budgets by 2015.
Canada continues to fare better than other nations, despite uncertain global economic times. We have the strongest job growth among Group of Seven (G-7) countries over the recovery, and our financial house is in order—both the International Monetary Fund and the Organisation for Economic Co-operation and Development expect Canada to be among the strongest growing economies in the G-7 over this year and next and, for the sixth year in a row, the World Economic Forum rated Canada's banking system as the world's soundest.
Jim Flaherty, Minister of Finance