1985 Canadian federal budget
The 1985 Canadian federal budget for fiscal year 1985-1986 was presented by Minister of Finance Michael Wilson in the House of Commons of Canada on 23 May 1985. This is the first federal budget under the premiership of Brian Mulroney, and generally increased taxes.
| Presented | 23 May 1985 |
|---|---|
| Parliament | 33rd |
| Party | Progressive Conservative |
| Finance minister | Michael Wilson |
| Total revenue | 77.742 billion |
| Total expenditures | 111.131 billion |
| Deficit | $33.389 billion |
‹ 1984 1986 › | |
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