1998 Canadian federal budget
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]
 | |
| Presented | 24 February 1998 |
|---|---|
| Parliament | 36th |
| Party | Liberal |
| Finance minister | Paul Martin |
| Total revenue | 165.520 billion[1] |
| Total expenditures | 159.741 billion[1] |
| Surplus | $5.779 billion[1] |
‹ 1997 1999 › | |
Taxes
Personal income taxes
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]
External links
References
- "Canada's deficits and surpluses, 1963-2014". CBC News. CBC/Radio-Canada. Retrieved 25 April 2015.
- "La Presse". numerique.banq.qc.ca. 25 February 1998. Archived from the original on 2020-06-25. Retrieved 2020-06-17.
- Income Tax Budget Amendments Act, 1998, S.C. 1999, c. 22, s. 49(4)
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