Federal Budget Report 2016
March 22, 2016
"GROWING THE MIDDLE CLASS"
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.
HIGHLIGHTS
- 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