1985 Canadian federal budget

1985 (1985) Budget of the Canadian Federal Government
Presented23 May 1985
Parliament33rd
PartyProgressive Conservative
Finance ministerMichael Wilson
Total revenue77.742 billion [1]
Total expenditures111.131 billion [1]
Deficit$33.389 billion[1]
‹ 1984
1986›

The 1985 Canadian federal budget for fiscal year 1985–86 was presented by Minister of Finance Michael Wilson in the House of Commons of Canada on 23 May 1985. This is the first federal budget under the premiership of Brian Mulroney, and generally increased taxes.[2]

  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. 24 May 1985. Archived from the original on 2020-06-26. Retrieved 2020-06-17.