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About: 2019 Canadian federal budget     Goto   Sponge   NotDistinct   Permalink

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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 was 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 was later refined to $39.4 billion when the Annual Financial Report of the Government of Canada for Fiscal Year 2019–2020 was released.