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Repsheet Canada

C-74

Appropriation Act No. 2, 2024-25

Details

Full Title
An Act for granting to His Majesty certain sums of money for the federal public administration for the fiscal year ending March 31, 2025
First Reading
June 13, 2024, Parliament 44, Session 1
Type
House Government Bill
Full Content
https://www.parl.ca/legisinfo/en/bill/44-1/c-74

Summary

This bill, known as Appropriation Act No. 2, 2024-25, asks Parliament to approve $117,781,852,267 for the federal government to use in the fiscal year ending March 31, 2025. This money is for costs and expenses of the government that have not been already covered. The bill passed in Parliament on June 20, 2024.

The money will come from the Consolidated Revenue Fund. $112,465,015,938 is the total of the amounts for things listed in Schedule 1 of the Main Estimates for the fiscal year ending March 31, 2025. This amount is less than what was already given in the first Appropriation Act of 2024-25. $5,316,836,329 is the total of the amounts for things listed in Schedule 2 of the Estimates. This amount is also less than what was already given in the first Appropriation Act of 2024-25.

The money for each item can only be used for the reason listed in the item. The items in Schedules 1 and 2 are considered to have started on April 1, 2024. Any changes to the accounts of Canada for Schedule 1 can be made before the Public Accounts for that fiscal year are presented in Parliament. Any changes to the accounts of Canada for Schedule 2 can be made before the Public Accounts for the second fiscal year are presented in Parliament.

Amounts in Schedule 2 can be paid anytime on or before March 31, 2026. Every payment will first be taken from the amount under any Act that came earliest in time, until that amount is used up. Then it will be taken from the amount under any other Act that came next in time, until that amount is used up, and so on. Any money from this Act that has not been used will disappear at the end of the fiscal year after March 31, 2025.

Issues

Economy

  • Spending

    This bill approves the spending of $117,781,852,267 for the federal public administration for the fiscal year ending March 31, 2025. The money is to be used for costs and expenses that are not already covered.

Social Services

  • Healthcare

    The bill includes $8,398,015,720 for the Department of Health. This money is for operating costs, capital costs, grants and contributions. This would be used to maintain and improve our public health.

  • Seniors and Pensions

    The bill sets aside money to ensure the payments for Canada Pension Plan continue. This will ensure that seniors and those who are retired receive their pension payments on time.

Environment

  • Climate

    The bill allocates funds to the Department of Environment ($2,638,596,171) and the Department of Natural Resources ($3,720,496,669), which can be used to address climate change.

  • Environmental Protection

    The bill provides money for the Department of Environment, which helps to protect the environment. The International Joint Commission also receives funding for expenses related to the Canada-United States Great Lakes Water Quality Agreement.

  • Energy

    The bill provides funding to the Canadian Energy Regulator ($101,145,961).

Social Justice

  • Reconciliation

    The bill includes significant funding for Indigenous Services ($20,927,551,435) and Crown-Indigenous Relations and Northern Affairs ($10,906,762,594). These funds are for operating and capital costs, grants, and contributions. Some money is set aside for loans to Indigenous claimants.

  • Immigration and Integration

    The bill includes significant funding for the Department of Citizenship and Immigration ($4,017,395,475).

  • Gender and Sexuality

    The bill includes funding for the Department for Women and Gender Equality ($365,306,354).

  • Racism

    The bill allocates funding to the Canadian Race Relations Foundation ($8,992,410).

Security and Defense

  • Crime

    The bill includes funds for the Correctional Service of Canada ($2,918,196,261), the Civilian Review and Complaints Commission for the RCMP ($14,763,619), and the Parole Board of Canada ($65,932,326).

  • Defense

    The bill provides $28,792,963,081 to the Department of National Defence.

  • Foreign Aid

    The bill provides funds to the Department of Foreign Affairs, Trade and Development ($8,622,939,295). It also allocates funds for financial assistance to the International Development Association.