Michael Wilson and the Mulroney government's first national spending plan
1985 (1985) Budget of the Canadian Federal Government
Presented
23 May 1985
Parliament
33rd
Party
Progressive Conservative
Finance minister
Michael Wilson
Total revenue
77.742 billion [1]
Total expenditures
111.131 billion [1]
Deficit
$33.389 billion[1]
‹ 1984
1986›
The 1985 Canadian federal budget for fiscal year 1985-1986 was presented by Minister of Finance Michael Wilson in the House of Commons of Canada on 23 May 1985. This is the first federal budget under the premiership of Brian Mulroney, and generally increased taxes.[2]
^ abc"Canada's deficits and surpluses, 1963-2014". CBC News. CBC/Radio-Canada. Retrieved 25 April 2015.
^"The Leader-Post". news.google.com. 24 May 1985. Archived from the original on 2020-06-26. Retrieved 2020-06-17.
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