Flaherty says no doubt of balanced budget in 2015, but won't promise it sooner
OTTAWA - Finance Minister Jim Flaherty says he'll deliver a balanced budget in 2015 without raising taxes or cutting transfers to the provinces.
But he's not promising to balance this year's budget, which is expected later this month.
Flaherty says the date of the upcoming budget will be announced later today, and says it will likely be a stopgap document, foreshadowing good news to come.
The Harper government has long touted its economic stewardship as a key strength, something Flaherty says will be underscored in the next budget.
The minister isn't giving any hints as to what the document might hold.
He has, however, played down the idea that there might be some goodies coming, saying such spending will have to wait until after the books are balanced.
It's expected that a better balance sheet in 2015 will allow the government to pay for some long-promised campaign plums, including income splitting for tax purposes.
Read more Business News
- 80,000 lose powerBC - 5:54 am
- Hiker struck by falling rockPenticton / S. Okanagan
- Apartment laundry rooms targetedPenticton / S. Okanagan - 5:00 am
- School District remits $11.5MCentral Okanagan - 5:40 am
|QHR Technologies Inc||1.16||-0.01|
|Anavex Life Sciences||0.192||+0.001|
|Copper Mountain Mining||2.07||-0.10|
|Sunrise Resources Ltd||0.06||0.00|
|Mission Ready Services||0.46||0.00|
This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...
Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...
The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...