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Ways and means committee

Government body

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  • 4 chapters

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Through Government debt and Speaker (politics)

The term "ways and means" originated with the Parliament of England and refers to the provision of revenue to meet national expenditure requirements and to implement the objectives of economic policy. The ways and means are provided by the imposition of taxation.

Canada

The Canadian federal government, which follows the British Parliamentary System, also adopted the term "Ways and Means" within its tax system. For example, the Minister of Finance introduces changes to its fiscal plan via a Ways and Means Motion to Amend the Income Tax Act 1985. The Minister tables the motion in Parliament and then presents the budget highlights in a formal budget speech. Only after a federal budget is tabled may the government's detailed taxation plans be made public.

The formal Ways and Means Committee was abolished in Canada in 1968.

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