Balanced Budget

balanced budget: But the new assessment from the parliamentary budget office also projects that the government will be able to achieve its target of a balanced budget in 2015 and even amass a bigger surplus in the critical election year than the government projects, according to 660 News. As well, the budget office projection shows next years deficit at $3.5 billion $2 billion lower than Ottawas estimate in last months economic update and within an eyelash of a balanced budget, once a $3-billion cushion for surprises is factored out and OTTAWA The Harper government may need to depend on artificially high EI premiums, asset sales and spending restraint to balance the budget in time for the 2015 election, the federal budget watchdog says in a new report. The report says its baseline projection puts the 2015 budget surplus at $4.6 billion almost $1 billion more than the official estimate contained in last months economic update paper. (www.immigrantscanada.com). As reported in the news.