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Government commitment
Completed - fully metStrong Middle ClassCycle 2015· status updated Mar 22, 2019

Repeal the *Federal Balanced Budget Act*.

Mandated to: Minister of Finance

What success looks like

The Act has been repealed.

Government's narrative on progress

Parliament repealed this Act, effective June 2016.

Note: this is the government's own description, not an independent assessment.

Source: Privy Council Office Mandate Letter Tracker on open.canada.ca. Commitment ID: 2015-181