1971 Canadian federal budget

none Budget of the Canadian Federal Government 1971 Canada 1970 Canadian federal budget 1970 1972 Canadian federal budget 1972 18 June 1971 28th Liberal Edgar Benson 17.119 billion 18.905 billion $1.786 billionCanada's deficits and surpluses, 1963-2014 http://www.cbc.ca/news2/interactives/canada-deficit/ CBC News CBC/Radio-Canada 25 April 2015 The Canadian federal budget for fiscal year 1971–72 was presented by Minister of Finance Edgar Benson in the House of Commons of Canada on 18 June 1971. The budget lowered income taxes on individual and corporations, and sale taxes on a variety of commodities. A Capital gains tax was also introduced to the Canadian tax code. 19 June 1971 The Leader-Post https://news.google.com/newspapers?nid=w9EjUEod0xMC&dat=19710619&printsec=frontpage&hl=fr live https://web.archive.org/web/20200703144237/https://news.google.com/newspapers?nid=w9EjUEod0xMC&dat=19710619&printsec=frontpage&hl=fr 2020-07-03 2020-06-17 news.google.com Reception The budget initially received mixed reviews. Spokespersons for all three opposition parties were displeased by the budget and criticized the lack of measures to counter unemployment. However, Progressive Conservative MP Robert Thompson responded especially favourably to the budget, praising its tax cuts. A July 1971 Gallup opinion poll asked "Do you think the last federal budget, presented to parliament in mid-june will effect, in any direct way, the financial situation of yourself and your family?" 60% of respondents said "No" while 40% said "yes".July 1971 Gallup Canada MacOdrum Library https://library.carleton.ca/find/data/gallup-canada live https://web.archive.org/web/20131011095734/http://www.library.carleton.ca:80/find/data/gallup-canada 2013-10-11 2020-07-01 library.carleton.ca 40 darkgreen Yes will salmon 60 No will not Do you think the last federal budget, presented to parliament in mid-june will effect, in any direct way, the financial situation of yourself and your family? External links Budget Speech References Category:Canadian federal budgets Category:1971 in Canadian law Category:1971 government budgets Category:1971 in Canadian politics Category:June 1971 in Canada