Budget of the Canadian Federal Government | |
Year: | 1982 |
Country: | Canada |
Previous Budget: | 1981 Canadian federal budget |
Previous Year: | 1981 |
Next Budget: | 1983 Canadian federal budget |
Next Year: | 1983 |
Presented: | 28 June 1982 |
Parliament: | 32nd |
Party: | Liberal |
Minister: | Allan MacEachen |
Total Revenue: | 67.430 billion |
Total Expenditures: | 96.479 billion |
Deficit: | $29.049 billion[1] |
The Canadian federal budget for fiscal year 1982-1983 was presented by Minister of Finance Allan MacEachen in the House of Commons of Canada on 28 June 1982. The budget angered public sector unions by imposing a wage restraint package limiting wage increases to six and five percent in the following two years. (This was at a time when double-digit interest rates and inflation were common.)[2]