Canadian budget to show surplus by 2016

Note: This section contains information in English only.
Source: Bloomberg
According to Canadian government's plan, the federal budget will report the first budget surplus in the financial year, which starts in April 2015. The renewed fiscal plan forecasts the surplus to reach $3.7 billion instead of $800 million that was predicted before. The government projects a decrease in both revenues and expenses by 2016. The free money will be spent on paying down the national debt.

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