October 24, 2008 / 5:12 PM / 9 years ago

Flaherty says can't rule out '09 deficit

NIAGARA FALLS, Ontario (Reuters) - Finance Minister Jim Flaherty said on Friday that Canadians are in for “rough times” and that he was unable to rule out a federal budget deficit next year because of the global economic uncertainty.

Flaherty reiterated that Canada is on track to maintain a modest budget surplus this fiscal year, though he noted that some provinces may run deficits because of their own circumstances.

Reporting by Frank Pingue, writing by Richard Valdmanis; Editing by Peter Galloway

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