Budget of the Canadian Federal Government | |
Year: | 1998 |
Country: | Canada |
Previous Budget: | 1997 Canadian federal budget |
Previous Year: | 1997 |
Next Budget: | 1999 Canadian federal budget |
Next Year: | 1999 |
Presented: | 24 February 1998 |
Parliament: | 36th |
Party: | Liberal |
Minister: | Paul Martin |
Total Revenue: | 165.520 billion |
Total Expenditures: | 159.741 billion |
Surplus: | $5.779 billion[1] |
The Canadian federal budget for fiscal year 1998–1999 was a presented by Minister of Finance Paul Martin in the House of Commons of Canada on 24 February 1998.[2]
Despite no explicit mention in the budget itself, the Labour-sponsored venture capital corporation tax credit maximum yearly amount was increased from $525 to $750 starting in fiscal year 1998.[3]