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已结束which will occur in 2014 15 and 2015 16 fiscal years.
2016-3-4 23:15:44 BY cs8g7qop9pu
billion surplus in 2015

The new projection almost $3 scarpe hogan outlet online billion better than the March budget forecast was announced by Finance outlet moncler Minister Jim Flaherty in his fall economic update, which also included provisions for asset sales and savings from the recently announced freeze in departmental spending.

on track to get back to balance in 2015, scarpe hogan outlet milano without raising taxes or cutting investments in health care and social service transfers, as promised, hogan outlet 2015 Flaherty mbt milano said in a statement.

He was delivering the economic update a mid year report card on the economy and the government books at a speech before the Edmonton Chamber of Commerce.

The update takes a cautious approach to the economic reality facing Canada and how it will affect the government books.

In fact, Flaherty has coach outlet store online built in a $3 billion risk adjustment to his baseline calculations, meaning unless the global or Canadian economies perform much worse going forward, the government could find itself sitting on a $6.7 billion surplus in an election year.

Extended video: Jim Flaherty budget comments

In the 2011 campaign, Prime Minister Stephen Harper announced he was prepared to offer Canadian couples with children under 18 the possibility of splitting their income to reduce taxes. By some calculations, that would deprive Ottawa of about $2.7 billion in revenues.

Also, he pledged several other boutique tax cuts, as well as doubling the $5,000 a year limit michael kors wallet outlet on tax free savings accounts, which would shave several hundred doudoune moncler paris million more from tax revenues.

The promises, however, were contingent on having a balanced budget.

In the current fiscal year, Flaherty says he expects mbt outlet milano the deficit to be $17.9 billion $1 billion below the budgeted number as a result of better than moncler doudoune soldes expected savings from cost cutting measures hogan outlet and lower interest charges that more than makes up for lower revenues from slow economic growth.

The deficit will fall to $5.5 billion in 2014 15, the government says, as a revived economy starts producing more tax revenues.

Flaherty said herve leger store the government also expects to realize peuterey outlet online about $1.65 billion cumulative in savings from scarpe hogan the throne speech pledge to freeze internal departmental michael kors watches budgets, which will occur chaussures nike blazer basse in 2014 15 and 2015 16 fiscal years.

At current prices, the sale of GM shares alone sac longchamp pliage pas cher could net Ottawa $2.6 billion, but officials said they were being ultra cautious in booking profits.

On the cost side, the government is also booking over $2.8 billion costs for disaster relief due to June devastating flooding hogan outlet online in Alberta, on top of the $60 million already committed for the Lac Megantic train chaussures tn pas cher derailment in woolrich outlet online Quebec. 相关的主题文章:
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