Presented | 11 February 2014 |
---|---|
Parliament | 41st |
Party | Conservative |
Finance minister | Jim Flaherty |
Total revenue | 276.3 billion (Projected)[1] 282.3 billion (Actual)[2] |
Total expenditures | 279.2 billion (Projected)[1] 282.9 billion (Actual)[3][4] |
Deficit | 2.9 billion (Projected)[1] 550 million (Actual)[4] |
Website | budget.canada.ca |
‹ 2013 2015› |
The Canadian federal budget for fiscal year 2014–15 was presented to the House of Commons of Canada by Jim Flaherty on 11 February 2014. This was the last budget presented by the Finance Minister before his resignation in March and death in April. At the end of the fiscal year, the government was surprised to post a budgetary surplus of $1.9 billion.[5] This however would later be overturned to a small deficit of $550 million due to improper accounting methodologies for the Government's unfunded pension obligations, as pointed out for years by the Auditor General.[4]