| Budget of the Canadian Federal Government | |
| Year: | November 1978 |
| Country: | Canada |
| Previous Budget: | April 1978 Canadian federal budget |
| Previous Year: | April 1978 |
| Next Budget: | 1979 Canadian federal budget |
| Next Year: | 1979 |
| Presented: | 16 November 1978 |
| Parliament: | 30th |
| Party: | Liberal |
| Minister: | Jean Chrétien |
| Total Revenue: | 43.310 billion |
| Total Expenditures: | 55.277 billion |
| Deficit: | $11.967 billion[1] |
The Canadian federal budget for fiscal year 1979-1980 was presented by Minister of Finance Jean Chrétien in the House of Commons of Canada on 16 November 1978.[2]
The budget follows the announcement by Prime Minister Pierre Trudeau of a $2-billion spending cuts package on 1 August 1978. Details for $1.5-billion of the cuts were released on 16 August 1978 and affected more than 100 federal programs and many organisms including the Department of National Defence ($150-million), the CBC ($71-million), the Canadian International Development Agency ($133-million) and many other federal institutions. Construction of a heavy water plant in La Prade (Quebec) was immediately suspended to generate $150-million in savings.[3]