2012 Canadian federal budget
The Canadian federal budget for fiscal year 2012–13 was presented to the House of Commons of Canada by Finance Minister Jim Flaherty on 29 March 2012. Among the most notable elements of the federal budget were changes to Old Age Security and a reduction of the budget for the Canadian Forces and the Canadian Broadcasting Corporation.
| Presented | 29 March 2012 |
|---|---|
| Passed | 14 June 2012 |
| Parliament | 41st |
| Party | Conservative |
| Finance minister | Jim Flaherty |
| Total revenue | C$255.0 billion‡ |
| Total expenditures | C$276.1 billion |
| Deficit | C$25.9 billion |
| Website | Jobs, Growth, and Long-Term Prosperity |
| ‡Numbers in italics are projections.
‹ 2011 2013 › | |
The budget presentation was also used to announce that the penny would no longer be minted as of late 2012.
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