2001 Canadian federal budget
The Canadian federal budget for the fiscal year 2002-2003 was presented by Minister of Finance Paul Martin in the House of Commons on December 10, 2001. It was known as the "Security Budget" for its focus on security after the September 11 attacks in the United States.
| Presented | December 10, 2001 |
|---|---|
| Parliament | 37th |
| Party | Liberal |
| Finance minister | Paul Martin |
| Total revenue | 190.570 billion |
| Total expenditures | 183.949 billion |
| Surplus | C$6.621 billion |
‹ 2000 2003 › | |
This was the last budget presented by Paul Martin as Minister of Finance. It was marked by the poor Canadian economy of the previous year that saw very slow growth. In order to keep the budget balanced, Martin proposed only limited new spending. The largest outlay was $7.7 billion over five years to improve security.
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