2022 Canadian federal budget
The Canadian federal budget for the fiscal years of 2022–23 was presented to the House of Commons by finance minister Chrystia Freeland on 7 April 2022.[1][2]
| Presented | 7 April 2022 |
|---|---|
| Parliament | 44th |
| Party | Liberal |
| Finance minister | Chrystia Freeland |
| Total revenue | TBA |
| Total expenditures | TBA |
| Deficit | TBA |
| GDP | TBA |
| Website | budget |
‹ 2021 2023 › | |
Background
The COVID-19 pandemic had forced the Justin Trudeau government to introduce a large number of federal aid programs to deal with the economic impact of the crisis. As a result, Canada’s dept-to-GDP ratio increased in 2020 and 2021.[3]
In March 2022, the New Democratic Party agreed to a confidence and supply deal with Justin Trudeau's Liberal Party.[4]
Legislative history
| Party | Yea | Nay | Abstention | Absent | |
|---|---|---|---|---|---|
| Liberals | |||||
| Conservatives | |||||
| Bloc Québécois | |||||
| New Democratic | |||||
| Green | |||||
| Independents | |||||
| Total | |||||
References
- Aiello, Rachel (7 April 2022). "Budget 2022 unveils billions in 'targeted' new spending, deficit projected at $52.8B". CTV News. Retrieved 8 April 2022.
- "Budget 2022: Feds eye growth with $31B in net new spending". Global News. The Canadian Press. 7 April 2022. Retrieved 8 April 2022.
- Rabson, Mia (19 April 2021). "Canada's debt set to cross $1 trillion mark as Liberals extend COVID-19 aid in budget - National | Globalnews.ca". Global News. Canadian Press. Retrieved 14 April 2022.
- "Liberals, NDP agree to confidence deal seeing Trudeau government maintain power until 2025". CTV News.
External links
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