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Presented | March 4, 2010 |
---|---|
Parliament | 40th |
Party | Conservative |
Finance minister | Jim Flaherty |
Total revenue | C$231.4 billion[1] |
Total expenditures | C$280.5 billion[1] |
Deficit | C$33.3 billion[2] |
‹ 2009 2011› |
The Canadian federal budget for the 2010–11 fiscal year (April 1, 2010 – March 31, 2011) was presented to the House of Commons of Canada by Finance Minister Jim Flaherty on March 4, 2010 after returning from a two-month prorogued parliament.[3]
During the budget speech on 4 March 2010, Flaherty announced the use of a polymer substrate for the upcoming Frontier Series of banknotes of the Canadian dollar and that future versions of the loonie ($1 coin) and toonie ($2 coin) would be made of steel instead of nickel to reduce manufacturing costs.[5]
The New Democrats and Bloc Quebecois voted against the budget, which passed due to 30 Liberal abstentions.[6]