2010 Canadian federal budget

Last updated
2010 (2010) Budget of the Canadian Federal Government
2010 Canadian Federal Budget logo.svg
PresentedMarch 4, 2010
Parliament 40th
Party Conservative
Finance minister Jim Flaherty
Total revenue C $231.4 billion [1]
Total expendituresC$280.5 billion [1]
Deficit C$33.3 billion [2]
  2009
2011  

The Canadian federal budget for the 2010-2011 fiscal year (April 1, 2010 - March 31, 2011) was presented to the House of Commons of Canada by Finance Minister Jim Flaherty on March 4, 2010 after returning from a two-month prorogued parliament. [3]

Contents

Areas of direction

During the budget speech on 4 March 2010, Flaherty announced the use of a polymer substrate for the upcoming Frontier Series of banknotes of the Canadian dollar and that future versions of the loonie ($1 coin) and toonie ($2 coin) would be made of steel instead of nickel to reduce manufacturing costs. [5]

The New Democrats and Bloc Quebecois voted against the budget, which passed due to 30 Liberal abstentions. [6]

Notes

  1. 1 2 A 10-year timeline of revenues and spending The Globe and Mail Thursday, Mar. 04, 2010
  2. "Canada's deficits and surpluses, 1963-2014". CBC News. CBC/Radio-Canada. 18 March 2014. Retrieved 25 April 2015.
  3. Dearing 2009.
  4. McMurdy 2010.
  5. Chase 2010.
  6. https://www.thestar.com/news/canada/2010/06/08/conservative_budget_passes_thanks_to_30_liberal_absentees.html [ bare URL ]

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