The 1972 Canadian federal budget for fiscal year 1972–73 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]
| 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› | |
External links
editReferences
edit- ^ a b c "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.