| Budget of the Canadian Federal Government | |
| Year: | 1986 |
| Country: | Canada |
| Previous Budget: | 1985 Canadian federal budget |
| Previous Year: | 1985 |
| Next Budget: | 1987 Canadian federal budget |
| Next Year: | 1987 |
| Presented: | 26 February 1986 |
| Parliament: | 33rd |
| Party: | Progressive Conservative |
| Minister: | Michael Wilson |
| Total Revenue: | 86.746 billion |
| Total Expenditures: | 116.588 billion |
| Deficit: | $29.842 billion[1] |
The Canadian federal budget for fiscal year 1986-1987 was presented by Minister of Finance Michael Wilson in the House of Commons of Canada on 26 February 1986.[2]