The Canadian federal budget for fiscal year 1977-1978 was presented by Minister of Finance Donald Stovel Macdonald in the House of Commons of Canada on 31 March 1977. The budget introduced wage and price controls in an attempt to control inflation. This policy had been a campaign proposal put forward by Robert Stanfield's Progressive Conservatives it the 1974 Canadian federal election, but was criticized by Pierre Trudeau at the time.[2]
| Presented | 31 March 1977 |
|---|---|
| Parliament | 30th |
| Party | Liberal |
| Finance minister | Donald Stovel Macdonald |
| Total revenue | 35.633 billion [1] |
| Total expenditures | 46.512 billion [1] |
| Deficit | $10.879 billion[1] |
|
‹ 1976 | |
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. 1 April 1977. Archived from the original on 2020-06-23. Retrieved 2020-06-17.