Budgets are presented on proposed revenues and spending for a financial year that is passed by the legislature and presented by the Finance Minister.
The two basic elements of any budget are the revenues and expenses. In the case of the government, revenues are derived primarily from taxes; Government expenses include spending on current goods and services. This includes government consumption; government investment expenditures such as infrastructure investment or research expenditure; and transfer payments like unemployment or retirement benefits.
The following are the 2015-2016 Provincial and Territorial Budgets as well as the announcement of the Federal Budget to be tabled on April 21, 2015 by the Minister of Finance Joe Oliver.
2015-16 Provincial budgets
Alberta budget 2015–16
Finance Minister Robin Campbell tabled Alberta’s fiscal budget on 26 March 2015.
British Columbia budget 2015–16
Finance Minister Michael de Jong tabled British Columbia’s fiscal 2015–16 budget on 17 February 2015.
Manitoba budget 2015-16
Finance Minister Greg Dewar will table Manitoba’s fiscal 2015-16 budget on 30 April 2015.
New Brunswick budget 2015–16
Finance Minister Roger Melanson tabled New Brunswick’s fiscal 2015-16 budget on 31 March 2015.
Newfoundland and Labrador 2015-16
Finance Minister Hon. Ross Wiseman will table the budget. Date to be announced.
Nova Scotia budget 2015-16
Finance Minister Diana Whalen will table Nova Scotia’s fiscal 2015-16 budget on 9 April 2015.
Prince Edward Island (PEI) 2015-16
Finance Minister Hon. H.Wade MacLauchlan will table the budget. Date to be announced.
Quebec budget 2015–16
Finance Minister Carlos J. Leitão tabled Quebec’s fiscal budget on 26 March 2015.
Saskatchewan budget 2015-16
Finance Minister Ken Krawetz will table Saskatchewan’s fiscal 2015-16 budget on 18 March 2015.
2015-16 Territorial budgets
Yukon budget 2015-16
Finance Minister Darrell Pasloski tabled Yukon’s fiscal 2015-16 budget on 2 April 2015.
Nunavut budget 2015-16
Finance Minister Keith Peterson tabled Nunavut’s fiscal 2015-16 budget on 25 February 2015.
Northwest Territories budget 2015-16
Finance Minister Michael Miltenberger tabled the Northwest Territories’ fiscal 2015–16 budget on 5 February 2015.
2015-16 Federal budget
Federal Budget 2015
Minister of Finance Joe Oliver will table the budget on 21 April 2015.