1972 (1972) Budget of the Canadian Federal Government
Presented
8 May 1972
Parliament
28th
Party
Liberal
Finance minister
John Turner
Total revenue
19.808 billion [1]
Total expenditures
21.709 billion [1]
Deficit
$1.901 billion[1]
‹ 1971
1973›
The 1972 Canadian federal budget for fiscal year 1972-1973 was presented by Minister of Finance John N. Turner in the House of Commons of Canada on 8 May 1972. It was the last budget before the 1972 Canadian federal election, and included tax cuts for corporations, and aid for the elderly and post-secondary students.[2]
^ abc"Canada's deficits and surpluses, 1963-2014". CBC News. CBC/Radio-Canada. Retrieved 25 April 2015.
^"The Leader-Post". news.google.com. 9 May 1972. Archived from the original on 2020-06-23. Retrieved 2020-06-17.
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