House of Commons Convenes for Fall Sitting to Address Federal Budget and Economic…
2 reports, 2 independent
Updated Sep 21
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What happened
The House of Commons has resumed its fall sitting in Ottawa to address the federal budget and various economic legislation. Prime Minister Mark Carney stated that the government was introducing what he described as 'very significant economic legislation' during this sitting. The government is also tasked with releasing the annual spending plan, which is expected to be balanced next year, 12 months ahead of schedule.
Why it matters
The sitting involves the introduction of the annual spending plan and major bills, including the Building Canada Strong Act. The government is also factoring in high global oil prices when projecting the country's economic outlook.
From cp24.com
Who's involved
- House of CommonsThe lower house of the Canadian Parliament where bills are introduced and debated.
- Mark CarneyThe Prime Minister who is leading the government through the legislative process.
- François-Philippe ChampagneThe Finance Minister responsible for the annual spending plan and economic projections.
- Government of CanadaThe federal government that introduces, debates, and passes laws through the House of Commons.
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The entities involved
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House of Commons
lower house of the Canadian Parliament