Federal government to run $1B deficit based on BoC forecast

Federal government to run $1B deficit based on BoC forecast

Published on July 24, 2015

OTTAWA—The Bank of Canada’s latest economic forecast puts the federal government on track to run a $1-billion deficit in 2015-16, casting doubt on the governing Conservatives’ promise to balance the election-year books, says a new analysis by the parliamentary budget office...

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