Flaherty forecasts a surplus of $3.7 billion in 2015-16, with a $3-billion cushion.
Ending ‘temporary’ investment made in 2009 to help keep the automaker afloat.
A revised Statistics Canada estimate puts it at about $544 billion in Q1.
Taxpayers are still owed a minimum of $3.6 billion.
Expects a need to stimulate the economy: says we’re “not out of the woods yet…”
Indirect costs of radioactive waste disposal have climbed.
But the loonie will remain below parity for next two years.
Will help close Canada/US price gap.
Falling off the edge would have a greater impact on Canada than EU woes
Finance minister warns economy remains susceptible to shocks that could derail things quickly.
Bank of Canada says the cost will continue grow unless adjustments are made.
Old-age security eligibility raises to 67, throwing a wrench in the retirement plants of many Canadians.
Will this economic reversal hurt Harper’s political capital?
The pace of new business picked up for Canadian manufacturers in August according to a new Canadian purchasing managers index report that follows a Statistics Canada’s latest GDP figures showing a contraction in the second quarter.
In almost every respect – the jobs market, the government deficit picture, the housing market – Canada is in better shape than the US and most of Europe. But even on this side of the border, economic growth is slowing.