1972 Canadian federal budget

Last updated
1972 (1972) Budget of the Canadian Federal Government
Presented8 May 1972
Parliament 28th
Party Liberal
Finance minister John Turner
Total revenue19.808 billion [1]
Total expenditures21.709 billion [1]
Deficit $1.901 billion [1]
  1971
1973  

The 1972 Canadian federal budget for fiscal year 1972-1973 was presented by Minister of Finance John N. Turner in the House of Commons of Canada on 8 May 1972. It was the last budget before the 1972 Canadian federal election, and included tax cuts for corporations, and aid for the elderly and post-secondary students. [2]

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References

  1. 1 2 3 "Canada's deficits and surpluses, 1963-2014". CBC News. CBC/Radio-Canada. Retrieved 25 April 2015.
  2. "The Leader-Post". news.google.com. 9 May 1972. Archived from the original on 2020-06-23. Retrieved 2020-06-17.