2015 Canadian federal budget

2015 (2015) Budget of the Canadian Federal Government
Presented21 April 2015
Parliament41st
PartyConservative
Finance ministerJoe Oliver
Total revenue290.3 billion (Projected)[1][2][3]
295.5 billion (Actual)[4]
Total expenditures288.9 billion (Projected)[1][2][3]
298.3 billion (Actual)[4]
Surplus1.4 billion (Projected)[1][2][3]
Deficit2.9 billion (Actual)[4]
Websitehttp://www.budget.gc.ca/2015/docs/download-telecharger/index-eng.html
‹ 2014
2016›
Projected expenses for the fiscal year 2015–16

The Canadian federal budget for fiscal year 2015–16 was presented to the House of Commons of Canada by Joe Oliver on 21 April 2015. This was the last budget before the 2015 federal election. The budget was supposed to be presented in February or March before the fiscal year began on April 1, but was delayed because of the steep drop in oil prices in the winter of 2014–15.[5] A surplus of $1.4 billion was projected for the fiscal year 2015-2016,[3] however this was adjusted by the new government to a deficit of $1.0 billion by end of March 2016.[6] This was later adjusted to $2.9 billion after reflecting a change requested by the Auditor General dating back 10 years' worth of federal budgets, specifically with regards to the discount rate methodology used to determine the present value of the Government's unfunded pension obligations.[4]

  1. ^ a b c Department of Finance Canada 2015.
  2. ^ a b c Payton, Laura (21 April 2015). "Federal budget 2015: Highlights of Joe Oliver's fiscal plan". CBC.ca. CBC/Radio-Canada. Archived from the original on 21 April 2015. Retrieved 21 April 2015.
  3. ^ a b c d "Budget 2015 – Download PDFs". Government of Canada. Archived from the original on 23 April 2015. Retrieved 21 April 2015.
  4. ^ a b c d Finance, Government of Canada, Department of. "Annual Financial Report of the Government of Canada 2017-2018". www.fin.gc.ca. Archived from the original on 22 October 2018. Retrieved 21 October 2018.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. ^ Bakx, Kyle (15 January 2015). "Joe Oliver delays 2015 federal budget amid market volatility". CBC News. Archived from the original on 28 April 2015. Retrieved 14 April 2015.
  6. ^ Finance, Government of Canada, Department of. "Annual Financial Report 2015-2016". www.fin.gc.ca. Retrieved 20 September 2018.{{cite web}}: CS1 maint: multiple names: authors list (link)