Federal Budget Report 2016

March 22, 2016


On March 22, 2016, the Honourable Bill Morneau presented his first budget as Minister of Finance. The government is moving forward with a plan that focuses on its key priorities of strengthening the middle class and growing the economy, while securing a cleaner, more sustainable environment.

  • Deficit of $5.4 billion for 2015-16
  • Projected deficit of $29.4 billion for 2016-17
  • New Canada Child Benefit
  • Small Business Tax Rate Reductions Halted
  • Eligible Capital Property Changes Confirmed
Download the full budget report
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