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1982 Canadian federal budget

From Wikipedia, the free encyclopedia
1982 (1982) Budget of the Canadian Federal Government
Presented28 June 1982
Parliament32nd
PartyLiberal
Finance ministerAllan MacEachen
Total revenue67.430 billion [1]
Total expenditures96.479 billion [1]
Deficit$29.049 billion[1]
‹ 1981
1983

The Canadian federal budget for fiscal year 1982–83 was presented by Minister of Finance Allan MacEachen in the House of Commons of Canada on 28 June 1982. The budget angered public sector unions by imposing a wage restraint package limiting wage increases to six and five percent in the following two years. (This was at a time when double-digit interest rates and inflation were common.)[2]

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References

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  1. ^ a b c "Canada's deficits and surpluses, 1963-2014". CBC News. CBC/Radio-Canada. Retrieved 25 April 2015.
  2. ^ "The Leader-Post". news.google.com. 29 June 1982. Archived from the original on 2022-03-17. Retrieved 2020-06-17.