1982 Canadian federal budget

Last updated
1982 (1982) Budget of the Canadian Federal Government
Presented28 June 1982
Parliament 32nd
Party Liberal
Finance minister Allan MacEachen
Total revenue67.430 billion [1]
Total expenditures96.479 billion [1]
Deficit $29.049 billion [1]
  1981
1983  

The Canadian federal budget for fiscal year 1982-1983 was presented by Minister of Finance Allan MacEachen in the House of Commons of Canada on 28 June 1982. The budget angered public sector unions by imposing a wage restraint package limiting wage increases to six and five percent in the following two years. (This was at a time when double-digit interest rates and inflation were common.) [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. 29 June 1982. Archived from the original on 2022-03-17. Retrieved 2020-06-17.