| ‹ 2007 · · 2009 › | |
| Presented | February 27, 2008 |
|---|---|
| Parliament | 39th |
| Party | Conservative |
| Finance Minister | Jim Flaherty |
| Total revenue | C$236.4 billion[1]‡ |
| Total expenditures | C$237.4 billion[1] |
| Program Spending | C$206.76 billion[1] |
| Debt payment | C$30.7 billion[1] |
| Deficit | C$1.1 billion[1] |
| Debt | C$458.7 billion[1] |
| Website | Responsible Leadership |
| ‡Numbers in italics are projections. | |
The Canadian federal budget for the 2008-2009 fiscal year was presented to the Canadian House of Commons by Finance Minister Jim Flaherty on February 26, 2008.[2]
The budget included a surplus of $10.2 billion to be applied to pay down federal debt, and the introduction of the Tax-Free Savings Account (TFSA).[3]
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