The National Coalition Party of Canada (NCPC)/Le Parti de Coalition Nationale du Canada (PCNC)
Occurred:
2024-10-01
Details Regarding the Identified Subject Matter
Subject matters
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Details
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Budget, Consumer Issues, Economic Development, Federal-Provincial Relations, Financial Institutions, Government Procurement, International Development, Regional Development, Taxation and Finance
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Since 2007/08, our combined federal and provincial net debt has nearly doubled from $1.18 trillion to a projected $2.18 trillion in 2023/24. Thus, in accordance with the Financial Administration Act (R.S.C., 1985, c. F-11), and the Bank of Canada Act (R.S.C., 1985, c. B-2), we advocate to establish the Canadian Standard of Living Program (CSLP), whereas a socioeconomic platform in which all Canadian citizens shall receive the amount of CAD 1,000,000 (one million dollars) at birth invested through a period of 21 years, and between the age of 21 to 65 invested through a period of 44 years, managed solely by designated Canadian financial institutions. Subsequently the funds can also be made accessible retroactively for Canadians over the age of 55, or, at the age of retirement under Canadian laws, contributing to successfully achieve socioeconomic sustainability and prosperity for Canada.
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