1977 Canadian federal budget

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1977 (1977) Budget of the Canadian Federal Government
Presented31 March 1977
Parliament30th
PartyLiberal
Finance ministerDonald Stovel Macdonald
Total revenue35.633 billion [1]
Total expenditures46.512 billion [1]
Deficit$10.879 billion[1]
‹ 1976

The Canadian federal budget for fiscal year 1977-1978 was presented by Minister of Finance Donald Stovel Macdonald in the House of Commons of Canada on 31 March 1977. The budget introduced wage and price controls in an attempt to control inflation. This policy had been a campaign proposal put forward by Robert Stanfield's Progressive Conservatives it the 1974 Canadian federal election, but was criticized by Pierre Trudeau at the time.[2]

External links[]

References[]

  1. ^ a b c "Canada's deficits and surpluses, 1963-2014". CBC News. CBC/Radio-Canada. Retrieved 25 April 2015.
  2. ^ "The Leader-Post". news.google.com. 1 April 1977. Retrieved 2020-06-17.
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