2009 Canadian federal budget
The Canadian federal budget for the 2009-2010 fiscal year was presented to the House of Commons of Canada by Finance Minister Jim Flaherty on January 27, 2009. The federal budget included $20 billion in personal income tax cuts as well as major investments in infrastructure.
| Presented | January 27, 2009 |
|---|---|
| Passed | February 3, 2009 |
| Parliament | 40th |
| Party | Conservative |
| Finance minister | Jim Flaherty |
| Total revenue | C$218.6 billion |
| Total expenditures | C$274.2 billion |
| Debt payment | C$29.4 billion |
| Deficit | C$55.6 billion |
| Debt | C$519.1 billion |
| Website | http://www.budget.gc.ca/2009/pdf/budget-planbugetaire-eng.pdf Canada's Economic Action Plan |
‹ 2008 2010 › | |
The Budget Implementation Act, 2009 was introduced in the House of Commons on February 6, 2009, and it received royal assent on March 12, 2009, enacting the legislative changes necessary to implement the budget. It was announced as the "Budget 2009: Economic Action Plan", with accompanying publicity.
The NDP and the Bloc announced shortly following the presentation of the budget that they would not support it in its initial form, but the budget was passed on February 3, 2009, with the support of the Liberals. All MPs for the NDP and the Bloc and the six Liberal members from Newfoundland and Labrador voted against the budget.