February 17, 2012 / 4:13 PM / 6 years ago

Conservatives hope to present budget by end of March

OTTAWA (Reuters) - The Conservative government hopes to present its next budget by the end of March, Finance Minister Jim Flaherty said on Friday.

Canada's Finance Minister Jim Flaherty speaks during Question Period in the House of Commons on Parliament Hill in Ottawa February 6, 2012. REUTERS/Blair Gable

The government says the budget will include spending cuts designed to eliminate the deficit by the 2015-16 fiscal year.

“We haven’t announced a date yet; we’re getting closer to that time. Normally we do the budget during the course of the fiscal year so we hope to get it done during that period of time,” Flaherty told BNN television from Rome.

The 2011-12 fiscal year ends on March 31.

Reporting by David Ljunggren; editing by Rob Wilson

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