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1973 Canadian Federal Budget
The Canadian federal budget for fiscal year 1973-1974 was presented by Minister of Finance John Turner in the House of Commons of Canada The House of Commons of Canada (french: Chambre des communes du Canada) is the lower house of the Parliament of Canada. Together with the Crown and the Senate of Canada, they comprise the bicameral legislature of Canada. The House of Common ... on 19 February 1973. External links Budget SpeechBudget highlights References {{Canada federal budget Canadian budgets 1973 in Canadian law 1973 government budgets 1973 in Canadian politics ...
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29th Canadian Parliament
The 29th Canadian Parliament was in session from January 4, 1973, until May 9, 1974. The membership was set by the 1972 federal election on October 30, 1972, and it was dissolved prior to the 1974 election. It was controlled by a Liberal Party minority led by Prime Minister Pierre Trudeau and the 20th Canadian Ministry, with the support of David Lewis's New Democratic Party. The Official Opposition was the Progressive Conservative Party, led by Robert Stanfield. The Speaker was Lucien Lamoureux. The government lost the confidence of the house in 1974 when finance minister John Turner's budget was defeated by a vote of 137 to 123, prompting the prime minister to seek dissolution of parliament for the next election. There were two sessions of the 29th Parliament. The first was from January 4, 1973, to February 26, 1974, and the second was from February 27 to May 9, 1974. Members of the House of Commons Members of the House of Commons in the 29th parliament arranged by provi ...
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Liberal Party Of Canada
The Liberal Party of Canada (french: Parti libéral du Canada, region=CA) is a federal political party in Canada. The party espouses the principles of liberalism,McCall, Christina; Stephen Clarkson"Liberal Party". ''The Canadian Encyclopedia''. and generally sits at the centre to centre-left of the Canadian political spectrum, with their rival, the Conservative Party, positioned to their right and the New Democratic Party, who at times aligned itself with the Liberals during minority governments, positioned to their left. The party is described as "big tent",PDF copy
at UBC Press.
practising "brokerage politics", attracting support from a broad spectrum of voters. The Liberal Party is the longest-serving and oldest active federal political party in the country, and has dominated federal

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John Turner
John Napier Wyndham Turner (June 7, 1929September 19, 2020) was a Canadian lawyer and politician who served as the 17th prime minister of Canada from June to September 1984. He served as leader of the Liberal Party of Canada and leader of the Official Opposition from 1984 to 1990. Turner practised law before being elected as a member of Parliament in the 1962 federal election. He served in the cabinet of Prime Minister Pierre Trudeau as minister of justice and attorney general from 1968 to 1972, and minister of finance from 1972 to 1975. As a cabinet minister, Turner came to be known as a leader of the Business Liberal faction of the Liberal Party. Amid a global recession and the prospect of having to implement unpopular wage and price controls, Turner resigned from his position in 1975. From 1975 to 1984, Turner took a hiatus from politics, working as a corporate lawyer on Bay Street. Trudeau's resignation in 1984 triggered a leadership election, in which Turner succe ...
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Minister Of Finance (Canada)
The minister of finance (french: ministre des Finances) is the minister of the Crown in the Canadian Cabinet who is responsible for overseeing the Department of Finance and presenting the federal government's budget each year. It is one of the most important positions in the Cabinet. Chrystia Freeland serves as the 40th and current finance minister, assuming the role in August 2020 following the resignation of Bill Morneau. She concurrently serves as the deputy prime minister of Canada. Because of the prominence and responsibility of this cabinet position, it is not uncommon for former ministers of finance to later become prime minister. Charles Tupper, R. B. Bennett, John Turner, Jean Chrétien, and Paul Martin all became prime minister after previously serving as minister of finance. Responsibilities In addition to being the head of the Department of Finance, the minister of finance is also the minister responsible for: *Bank of Canada *Canada Deposit Insurance Corpor ...
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House Of Commons Of Canada
The House of Commons of Canada (french: Chambre des communes du Canada) is the lower house of the Parliament of Canada. Together with the Crown and the Senate of Canada, they comprise the bicameral legislature of Canada. The House of Commons is a democratically elected body whose members are known as members of Parliament (MPs). There have been 338 MPs since the most recent electoral district redistribution for the 2015 federal election, which saw the addition of 30 seats. Members are elected by simple plurality ("first-past-the-post" system) in each of the country's electoral districts, which are colloquially known as ''ridings''. MPs may hold office until Parliament is dissolved and serve for constitutionally limited terms of up to five years after an election. Historically, however, terms have ended before their expiry and the sitting government has typically dissolved parliament within four years of an election according to a long-standing convention. In any case, an ac ...
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