2015 budget surplus could be bigger than expected: Flaherty

That's if the Canadian and US economies continue to grow

Finance Minister Jim Flaherty says the federal budget surplus could be bigger than predicted in 2015.

Flaherty makes the prediction in an interview with CTV's Question Period.

The assessment falls in line with projections from the parliamentary budget office that came a month ago.

A Dec. 5 report from the PBO estimated the government could achieve a surplus of $4.6 billion by 2015, nearly $1 billion more than the estimate included in the November economic update.

In the CTV interview, aired Sunday, Flaherty said Canada could have a bigger surplus than projected if both the domestic and U.S. economies continue to gain strength.

The Harper Conservatives are relying on balancing the books to help propel the party through a federal election campaign that's scheduled for the fall of 2015.

Question Period can be heard on CJAD Sundays at 6 pm.

Leave a comment:

showing all comments · Subscribe to comments
  1. clint posted on 01/05/2014 03:22 PM
    Wow...surplus just before an election.....way to cook the books guys.
    1. Brainiac posted on 01/05/2014 11:53 PM
      @clint Seems like u hate the conservatives so much ur honest enough to give credit when due.
  2. More BS posted on 01/05/2014 06:23 PM
    Maybe then they will leave the benefits for our veterans alone.
  3. Joseph posted on 01/05/2014 07:27 PM
    The federal budget surplus could be bigger than predicted in 2015. Ate the fat cats taking a pay cut? They sure want to look good before an election.
  4. Mike d posted on 01/06/2014 03:28 PM
    Great send the money to Quebec.
  5. Mark posted on 01/06/2014 06:25 PM
    I can claim that my household income will be bigger than I expect/predict, that doesn't make it true.
showing all comments

Share this article: