1996 Canadian federal budget

The Canadian federal budget for fiscal year 1996-1997 was presented by Minister of Finance Paul Martin in the House of Commons of Canada on 6 March 1996. It is the first Canadian federal budget that was identified with an unofficial subtitle: Securing the Future.

Personal income taxes
Incentives for investments in Labour-sponsored venture capital corporation (LSVCCs) are tightened:
 * The tax credit rate is cut to 15% from 20% ;
 * The maximum yearly credit is cut from $1,000 to $525 ;
 * Minimum holding periods to benefit from the LSVCCs credit is increased from 5 to 8 years.

Budget documents

 * Budget Plan
 * Budget Speech
 * Budget in Brief
 * Budget in Brief