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Canada Posts Surplus 1 Year Early


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http://www.financialpost.com/m/wp/blog.html?b=business.financialpost.com//news/economy/ottawa-balances-books-one-year-early-after-posting-surprise-1-9-billion-surplus-monday

 

Canada has posted an unexpected small budget surplus of $1.9 Billion for the 2014-2015 fiscal year data shows

 

Numbers also show a surplus of $5 Billion for first 3 months of fiscal year

 

Low oil prices continue putting pressure going forward, but higher than anticipated revenue from income taxes and Corporate taxes has so far filled in the gap.

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