Feds on track to balance budget by 2015, as Flaherty releases modest-stay-the-course-but-stay-tuned-for-next-election budget
Modest investments in Conservative priorities and no bold new initiatives in government’s 2014-2015 budget, but economists say the real action will be next year .
Finance Minister Jim Flaherty and Prime Minister Stephen Harper, pictured on Feb. 11 shortly before Mr. Flaherty released the federal budget in the House. This year’s federal budget projects a $2.9-billion deficit for 2014-2015, with a projected $6.4-billion surplus in 2015-2016, the same year that Canadians will head to the polls and judge the last four years of Mr. Harper’s majority government. The Hill Times & Embassy News photo by Sam Garcia