Canada's British Columbia projects budget surplus in fiscal 2015-16

Tue Feb 17, 2015 4:51pm EST
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VICTORIA, British Columbia Feb 17 (Reuters) - British Columbia's annual budget released on Tuesday projected a budget surplus of C$284 million ($229.35 million) in fiscal 2015-16, the Canadian coastal province's third consecutive balanced budget under the ruling Liberals.

The surplus is projected at C$376 million in 2016-17 and C$399 million in 2017-18, the government said. The revised surplus for 2014-15 is now seen at C$879 million, larger than previously forecast.

($1 = 1.2383 Canadian dollars) (Reporting by Julie Gordon; Editing by Meredith Mazzilli)