C-5924162-63-64Elizabeth II2013-2014-2015An Act respecting the balancing of federal government budgetsFederal Balanced Budget ActFederal Balanced Budget20196
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F-5.836, s. 412015[Repealed, 2016, c. 7, s. 79]PreambleWhereas a sound fiscal position is crucial to economic growth and job creation over the longer term;Whereas attaining and maintaining a sound fiscal position requires that the Government of Canada achieve annual balanced budgets and reduce debt, other than when a recession or extraordinary situation occurs;Whereas maintaining balanced budgets and reducing debt helps to keep taxes low, instill confidence in consumers and investors, strengthen Canada’s ability to respond to longer-term economic and fiscal challenges and preserve the sustainability of public services;And whereas reducing the debt burden will help to ensure fairness for future generations by avoiding future tax increases or reductions in public services;Now, therefore, Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:Short Title[Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79]Interpretation[Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79]Application[Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79]Federal Debt Reduction[Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79]Projected Deficit[Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79]Recorded Deficit[Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79]General Provisions[Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79][Repealed, 2016, c. 7, s. 79](Section 2)[Repealed, 2016, c. 7, s. 79]