Canada posts record $14 billion budget surplus
Thursday, September 27, 2007 Canada has a budget surplus of CA$13.8 billion for the 2006–2007 fiscal year, totaling 1% of Canada’s gross domestic product (GDP), Finance Minister Jim Flaherty announced today. The record surplus was boosted by revenue from government corporations to $14.2 billion, far exceeding the government’s projections of $9.2 billion and surpassing the […]
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