November 25, 2013 / 9:59 PM / in 4 years

Canada budget to be balanced in about 14 months: Flaherty

OTTAWA, Nov 25 (Reuters) - Canada’s federal budget will be balanced “in approximately 14 months”, Finance Minister Jim Flaherty told the Senate finance committee on Monday.

Flaherty said earlier this month that Canada would run a budget surplus of C$3.7 billion in the 2015-16 fiscal year.

“We will be balanced again in approximately 14 months and we’ll be in a position to run a surplus and make the policy decisions that are made then about what to do about the surplus,” he said.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below