2008 Canadian federal budget

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2008 (2008) Budget of the Canadian Federal Government
Canadian Fed Govt revenues - 2008.png
Presented February 27, 2008
Parliament 39th
Party Conservative
Finance Minister Jim Flaherty
Total revenue C$236.4 billion[1]
Total expenditures C$237.4 billion[1]
Program Spending C$206.76 billion[1]
Debt payment C$30.7 billion[1]
Deficit C$1.1 billion[1]
Debt C$458.7 billion[1]
Website http://www.budget.gc.ca/2008/pdf/plan-eng.pdf Responsible Leadership
Numbers in italics are projections.

The Canadian federal budget for the 2008-2009 fiscal year was presented to the Canadian House of Commons by Finance Minister Jim Flaherty on February 26, 2008.[2]

The budget included a surplus of $10.2 billion to be applied to pay down federal debt, and the introduction of the Tax-Free Savings Account (TFSA).[3]


  1. ^ a b c d e f Department of Finance Canada (January 27, 2009). "Canada's Economic Action Plan: Budget 2009". Department of Finance Canada. Archived from the original on 2009-05-21. Retrieved 2009-05-08. 
  2. ^ "CBC News In Depth: Federal Budget 2008". cbc.ca. 2008-02-26. Archived from the original on 3 March 2009. Retrieved 2009-02-17. 
  3. ^ "Small change for tighter times". The Globe and Mail. 2008-02-27. Archived from the original on 18 February 2009. Retrieved 2009-02-17. 

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