It’s All About Balance

Federal Budget 2015

April 30, 2015

The federal government today tabled its Economic Action Plan 2015 – a balanced budget for the first time since fiscal 2008. The government promised to balance the budget, and Budget 2015 announces that the deficit has been reduced from $55.6 billion at the height of the global and economic financial crisis to a projected surplus of $1.4 billion for 2015-16.

Given that Budget 2015 is a pre-election budget, it’s not surprising that it was generally a good-news budget for Canadians. Finance Minister Joe Oliver presented a budget that focuses on four key priorities.

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