The Canadian PressOctober 28, 2013 08:47
OTTAWA - The federal government will not only balance the budget in 2015, it will run up a sizable surplus before the next federal election, says Finance Minister Jim Flaherty.
The minister made the pledge after meeting private-sector economists in his office Monday, and after the Parliamentary Budget Officer released his latest analysis of the books, showing a razor-thin surplus in the critical 2015-16 year.
"The plan is to budget a surplus in 2015 and not a tiny surplus," Flaherty said. "There will be no doubt that we're balanced in 2015."