Economy 52,883 Posted October 22, 2014 Share Posted October 22, 2014 http://news.nationalpost.com/2014/10/21/canada-on-track-to-balance-the-books-a-year-ahead-of-schedule-budget-watchdog/ Halfway through the 2014-2015 fiscal year the numbers have been upgraded Originally the Government planned for 1 last year of deficit at $2.9 Billion (not counting the $3 billion cushion added into the budget for risk)... Now instead of a $2.9 Billion deficit the new estimates are for a almost $4 billion surplus ($7 billion when $3 billion budget cushion is excluded) This puts Ottawa in surplus 1 year ahead of schedule. Link to post Share on other sites More sharing options...
xoxo cupcakke 4,781 Posted October 22, 2014 Share Posted October 22, 2014 How nice for Canada. It is well deserved to such a humble country. Now, if only the US could get out of its money hump Link to post Share on other sites More sharing options...
Economy 52,883 Posted October 22, 2014 Author Share Posted October 22, 2014 How nice for Canada. It is well deserved to such a humble country. Now, if only the US could get out of its money humpappears better than it is Its just that in the US a higher percentage of debt is owned by the Federal Government... $18Trilliom debt but under $22 Trillion in total (less than $4Trillion from States) In Canada our Government debt is $1.2Trillion but only about half ($600 billion) is from Federal Government while the rest is Provincial Over-all were still better than the US but our National debt of only 30% of GDP needs to be taken with a grain of salt cuz we have more debt in lower levels of government than most countries Over-all still not that bad tho :yes: Link to post Share on other sites More sharing options...
Just A Holy Fool 2,660 Posted October 30, 2014 Share Posted October 30, 2014 Just in time for Stephen Harper to go all Oprah on Canadian voters with giveaways ahead of a 2015 vote Link to post Share on other sites More sharing options...
Goosey 3,017 Posted October 30, 2014 Share Posted October 30, 2014 Thought this said "Canada Post budget surplus" and I was disgusted they are cutting home delivery next year. "I am the world's greatest person that does not want to let people into the country."—US President Donald J. Trump Link to post Share on other sites More sharing options...
Economy 52,883 Posted October 30, 2014 Author Share Posted October 30, 2014 Just in time for Stephen Harper to go all Oprah on Canadian voters with giveaways ahead of a 2015 vote harper is awsome and so are the conservatives But their income tax splitting idea i dont agree with. They should do something that benefits everone equally Link to post Share on other sites More sharing options...
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