Translation of "Avis d'échéance de la dette fiscale " (French → English) :

Notice of Tax Debts

(b) where the refund of tax, calculated for the purposes of this paragraph without reference to any interest on the overpayment or payment making up the refund, exceeds by ten dollars or more the amount estimated to be the refund of tax, the discounter, forthwith after receipt of the refund, pays or makes every reasonable effort to pay to the client the full amount of the excess and, in the event that the excess is not so paid within thirty days thereafter, forthwith remits the excess, together with a true copy of the notice referred to in paragraph 5(b), to the Receiver General to be held on account of any future tax liability of the cl ...[+++]ient or to be paid to the client on application by the client to the Minister of National Revenue.

(b) where the refund of tax, calculated for the purposes of this paragraph without reference to any interest on the overpayment or payment making up the refund, exceeds by ten dollars or more the amount estimated to be the refund of tax, the discounter, forthwith after receipt of the refund, pays or makes every reasonable effort to pay to the client the full amount of the excess and, in the event that the excess is not so paid within thirty days thereafter, forthwith remits the excess, together with a true copy of the notice referred to in paragraph 5(b), to the Receiver General to be held on account of any future tax liability of the cl ...[+++]ient or to be paid to the client on application by the client to the Minister of National Revenue.

15. Stresses the need for Member States to adapt their public finances by conducting a counter-cyclical policy when necessary and making full use of the existing flexibility clauses foreseen in the legislation, while at the same time respecting the rules of the Stability and Growth Pact (SGP); stresses the importance of a counter-cyclical policy involving flexibility within the margins agreed in the SGP in times of economic downturn, as well as of budget surpluses in times of economic upturn; considers that Member States with high debt levels in particular must continue with growth-friendly fiscal ...[+++] consolidation and urgently implement the recommended structural reforms, taking into account social aspects, while those with more fiscal space are encouraged to use it to accelerate investment, reduce existing national debts and lower the tax burden;

So we can't lose sight, as Canadians, of the burdens we are facing, not only with regard to federal debt but with regard to provincial debt, which I think makes it all the more important to have that concentration on the debt reduction currently in order to ensure that we are not passing along that extreme tax burden on future generations.