2019 Canadian federal budget
|Presented||March 19, 2019|
|Finance minister||Bill Morneau|
|Total revenue||$338.8 billion (Projected)|
|Total expenditures||$355.6 billion (Projected)|
|Deficit||$19.8 billion (Projected)|
The Canadian federal budget for fiscal year 2019–2020 was presented to the House of Commons by Finance Minister Bill Morneau on March 19, 2019. This would be the last budget before the 2019 federal election. The deficit is projected to rise to $19.8 billion, after including a $3 billion adjustment for risk. The budget introduced $22.8 billion of new spending over six years. The budget will not make any changes to the income tax brackets for individuals or corporations.
This budget aims to reduce interest rates on postsecondary students' Canada Student Loans and will eliminate interest charges on student debt during the six-month grace period that begins upon graduation.
- "Investing in the Middle Class: BUDGET 2019" (PDF). budget.gc.ca. 19 March 2019. Retrieved 27 March 2019.
- "Annex 4 - Modernizing Canada's Financial Sector". Budget 2019. 19 March 2019. Retrieved 27 March 2019.
- Curry, Bill; McCarthy, Shawn (19 March 2019). "Federal budget 2019: Deficit to rise as Liberals unveil $22.8-billion in new spending aimed at seniors, young Canadians". www.theglobeandmail.com. The Globe and Mail Inc. Retrieved 27 March 2019.