immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

OTTAWA Ottawas

OTTAWA Ottawas: OTTAWA Ottawas finances got off to a rocky start in the current fiscal year, posting a $2.7-billion deficit that was nearly $1 billion more compared to the same period last year, according to The Chronicle Herald. The 2012-13 fiscal year ended with an estimated $25.9 billion shortfall for the government the first year Ottawa failed to make significant progress in reducing its deficit since the recession and The shortfall was larger than the $1.8-billion deficit recorded in the April and May period a year ago, the Finance Department reported Friday. (www.immigrantscanada.com). As reported in the news.