Monday, 8 February 2016

Federal Budget Timing

When will the Canadian federal budget be presented to parliament?
Before March 14th: 10%
The week of March 14th: 25%
The week of March 21st: 35%
The week of March 28th: 20%
After April 3rd: 10%

The federal budget is expected to be presented in mid to late March (see articles here and here).  There seems to be some speculation that the "third week of March" (the week of March 21st, probably) is particularly likely.  Historically, the 2011 budget was (originally) presented on March 22nd, the 2012 budget was presented on March 29th, and the 2013 budget was presented on March 21st (the 2014 budget was in February, while the 2015 budget was in April).

The 2016 budget is for the fiscal year starting April 1st, so it will likely be presented as close to April as possible, without being in April.  Thus, the week of March 21st is the most likely.  The week of March 28th is too late, as is anytime in April.  The week of March 14th is quite possible, although it is slightly less likely than the week of March 21st.  The budget could also be released in early March, although there may not be enough time for this to happen.

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