Federal government to run $1B deficit in 2015-16
Bank of Canada’s latest economic forecast also trims the Harper government’s expected surpluses over the next two years.
Harper promise of balanced budget law called ‘toxic hypocrisy’
Critics say Conservatives’ 1970’s rhetoric speaks volumes to their lacking connection with today’s middle-class.
Prentice nixes corporate tax hikes to fill budget hole
Low oil prices have driven a $1.1 billion surplus into a $500 million deficit.
Alberta’s budget surplus has turned into $500M deficit: premier
Jim Prentice says the province may not balance its books until 2017-18 due to tumbling oil prices.
Harper projects 2013-14 deficit at $5.2B, down from $16.6B
Critics suspect the federal Conservatives are “fudging” numbers as a possible election ploy.
Tories kiss deficits goodbye, building fiscal arsenal for 2015 election
Opposition parties say the Tories are putting political interests ahead of Canada’s economic well-being.