The following questions provide a review of some key topics and issues that have been in the news in April.
- What national event took place on April 15, 2015?
- Talk With Our Kids About Money
- Take Our Kids to Work
- Earth Day
- National Day of Learning
- Which NHL team secured first place in the draft lottery?
- Toronto Maple Leafs
- Vancouver Canucks
- Edmonton Oilers
- Ottawa Senators
- Who is the new host of q, CBC radio’s daily arts show?
- Peter Mansbridge
- Shad
- Elvira Kurt
- Tanya Tagaq
- TPG Capital and Fosun Capital Group just agreed to pay $1.5 billion for what Canadian company?
- Cirque du Soleil
- The Globe and Mail
- Canadian Tire
- Air Canada
- Canada recently ranked 5th on a world-wide Gallup Poll measuring what?
- Well-being
- Happiness
- Health
- Education
The following questions refer to the Federal Budget released April 22, 2015.
- What tradition does the Finance Minister follow on the eve of announcing the budget?
- Invite family members to the House of Commons to hear his speech
- Buy new shoes the day before the budget
- Leak key concepts to the media
- No traditions are followed
- What does a balanced budget mean?
- When income and expenses are equal
- When there is no deficit but there is a debt
- When there is a surplus
- All of the above
- Many policies in this budget are aimed at a specific sector of the population. Which demographic is that?
- 18-24
- 25-55
- 55-65
- 65+
- What percentage of households will likely benefit from the income- splitting aspect of the Family Tax Cut?
- 15%
- 18%
- 25%
- All households that have two incomes
- The EI premium rate is set to decline in 2017. Why?
- It is anticipated that we will have lower unemployment in Canada
- It is anticipated that there will be less people eligible to collect unemployment
- The government currently collects more than it needs to fund the program
- Tax payers have insisted on this
- Big city mayors are getting ready to apply for funding announced in the budget for:
- Health
- Transit
- Colleges
- Welfare
- The Federal budget included a tax cut for small business. What is it?
- Reducing the tax rate on the first $500,000 to 9%
- Reducing the tax rate on the first $500,000 to 11%
- Giving small business start-ups a tax break for the first 5 years
- None of the above
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