| ‹ 2010 · · 2012 › | |
| Presented | March 22, 2011, then again June |
|---|---|
| Passed | Passed |
| Parliament | 41st |
| Party | Conservative |
| Finance Minister | Jim Flaherty |
| Total revenue | C$235.6 billion[1]‡ |
| Total expenditures | C$276.0 billion[1] |
| Program Spending | C$278.7 billion[1] |
| Debt payment | C$33.0 billion[1] |
| Deficit | C$29.6 billion[1] |
| Debt | C$586.0 billion[1] |
| Website | The Next Phase of Canada's Economic Action Plan—A Low-Tax Plan for Jobs and Growth |
| ‡Numbers in italics are projections. | |
The Canadian federal budget for the 2011-2012 fiscal year was presented to the Canadian House of Commons by Finance Minister Jim Flaherty on March 22, 2011, then again in June following a May 2nd election.
On June 13th, "the budget passed by a vote of 167 to 131, with four Bloc Québécois MPs voting in support and the other opposition parties voting against it" [2]
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All three opposition parties rejected the budget in statements made after the budget speech:
A motion of non-confidence was passed on March 25, 2011. While this motion, which found the government in contempt of Parliament, did not relate specifically to the budget, it had the practical effect of dissolving parliament and killing any legislation under consideration. An election was held May 2, 2011. The Conservatives went from a minority position in the House of Commons to a majority, paving the way for the re-introduction of the measures contained in the budget.
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