Tuesday 20 April 2021

Canada Federal Budget 2021 - CBC News special

CBC News shows how Finance Minister Chrystia Freeland delivers the Liberal government's first budget in 2 years.

In Canada, federal budgets are presented annually by the Government of Canada to identify planned government spending, expected government revenue, and forecast economic conditions for the upcoming year.

Federal budgets are usually released in February or March, before the start of the fiscal year. All of the provinces also present budgets. Since provincial finances are dependent on money from the federal government, these budgets are usually released after the federal one.

The budget is announced in the House of Commons by the Minister of Finance.

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