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2010 Canadian federal budget

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Field	Value
title	Budget of the Canadian Federal Government
year	2010
country	Canada
previous_budget	2009 Canadian federal budget
previous_year	2009
next_budget	2011 Canadian federal budget
next_year	2011
image	2010 Canadian Federal Budget logo.svg
imagesize	250
presented	4 March 2010
parliament	[40th](40th-canadian-parliament)
party	Conservative
minister	Jim Flaherty
Total_Revenue	C$231.4 billion
Total_Expenditures	C$280.5 billion
deficit	C$33.3 billion

The Canadian federal budget for the 2010–11 fiscal year (April 1, 2010 – March 31, 2011) was presented to the House of Commons of Canada by Finance Minister Jim Flaherty on March 4, 2010 after returning from a two-month prorogued parliament.

Areas of direction

$3.2 billion in personal income tax relief.
Over $4 billion in actions to create and protect jobs.
$7.7 billion in infrastructure stimulus to create jobs.
Nearly $2 billion to help create the "Economy of Tomorrow"
$2.2 billion to support industries and communities.
Fiscal spending of $1.6 billion on unemployment benefits and $1 billion in new skills and training programs.
Youth-related spending of $108 million

During the budget speech on 4 March 2010, Flaherty announced the use of a polymer substrate for the upcoming Frontier Series of banknotes of the Canadian dollar and that future versions of the loonie ($1 coin) and toonie ($2 coin) would be made of steel instead of nickel to reduce manufacturing costs.

The New Democrats and Bloc Quebecois voted against the budget, which passed due to 30 Liberal abstentions.

Notes

References

[https://www.theglobeandmail.com/news/national/budget/budget-2010-dashboard/article1488651/ A 10-year timeline of revenues and spending] [[The Globe and Mail]] ''Thursday, Mar. 04, 2010''
(18 March 2014). "Canada's deficits and surpluses, 1963-2014". CBC/Radio-Canada.
(8 June 2010). "Conservative budget passes thanks to 30 Liberal absentees". The Toronto Star.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

canadian-budgets 2010-government-budgets 2010-in-canadian-politics 40th-canadian-parliament jim-flaherty premiership-of-stephen-harper march-2010-in-canada

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