| budget of the Canadian federal government | |
| Year: | 2022 |
| Country: | Canada |
| Previous Budget: | 2021 Canadian federal budget |
| Previous Year: | 2021 |
| Next Budget: | 2023 Canadian federal budget |
| Next Year: | 2023 |
| Presented: | 7 April 2022 |
| Parliament: | 44th |
| Party: | Liberal |
| Minister: | Chrystia Freeland |
| Total Revenue: | TBA |
| Total Expenditures: | TBA |
| Deficit: | $36.4 billion (projected)[1] |
| Gdp: | TBA |
| Url: | https://www.budget.canada.ca/2022/home-accueil-en.html |
The Canadian federal budget for the fiscal years of 2022–23 was presented to the House of Commons by Finance Minister Chrystia Freeland on 7 April 2022.[2] [3]
The COVID-19 pandemic had forced the Justin Trudeau government to introduce a large number of federal aid programs to deal with the economic impact of the crisis. As a result, Canada's debt-to-GDP ratio increased in 2020 and 2021.[4]
In March 2022, the New Democratic Party agreed to a confidence and supply deal with Justin Trudeau's Liberal Party.[5]
The budget's main goal is to reduce Canada's debt-to-GDP ratio, mostly through a review of all government spending.
However, the budget increases Canada's military expenditures. It also includes a limited dental care program, as promised in the Liberal-NDP deal.[6]
According to left-leaning political scientist David Moscrop, the budget is a fiscally conservative document that includes too few new social programs for Canadians.[7]
| Party | width=60px | Yea | width=60px | Nay | width=60px | Abstention | width=60px | Absent | |
|---|---|---|---|---|---|---|---|---|---|
| 149 | 0 | 6 | 3 | ||||||
| Conservatives | 0 | 112 | 6 | 1 | |||||
| Bloc Québécois | 29 | 0 | 0 | 3 | |||||
| New Democratic | 24 | 0 | 0 | 1 | |||||
| Green | 0 | 2 | 0 | 0 | |||||
| Independents | 0 | 1 | 0 | 0 | |||||
| Total | 202 | 115 | 12 | 8 | |||||