Finance Minister Ralph Goodale said the federal government posted a $9.1-billion surplus in its most recent fiscal year as a healthier-than-expected economy and higher corporate taxes boosted government revenues.
When Goodale presented his first budget last March, he projected a surplus of just $1.9 billion.
The surplus includes the $1.9-billion contingency reserve that was set aside in the 2004 budget and approximately $2 billion in lower-than-anticipated government spending.
Poll: Did Feds Lie About Surplus
Previous Polls
April 23, 2024 - 3969 votes
Is an inquiry needed into B.C.'s most recent port workers' strike?
Yes: | 1830 | |
No: | 1675 | |
Unsure: | 464 |
April 22, 2024 - 7558 votes
Have you been following the B.C. killer whale calf rescue efforts?
Yes: | 4453 | |
No: | 3105 |
April 20, 2024 - 8717 votes
Do you get medical insurance when you travel?
Yes: | 7377 | |
No: | 1225 | |
Unsure: | 115 |
April 18, 2024 - 7335 votes
Do you agree with using surplus federal and military buildings for residential housing?
Yes: | 4621 | |
No: | 2271 | |
Unsure: | 443 |
April 17, 2024 - 8646 votes
Should the federal government cut programs and staff to balance the budget before adding new taxes?
Yes: | 6910 | |
No: | 1298 | |
Unsure: | 438 |
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