Parliamentary Budget Office: Fiscal Package

fiscal package: The central theme of the economic and fiscal package will be deficit-fighting, with the Conservatives announcing they are on the verge of balancing the books after years of spending more than Ottawa collects in revenues, according to The Star. We could have a larger surplus than we anticipate, but we will have a surplus, Flaherty told CTV recently and Finance Minister Jim Flahertys upcoming budget, expected in a few weeks, will be the opening round of the next federal election showdown. In his economic update in November, Flaherty forecast a $3.7-billion budget surplus in the 2015-16 fiscal year. But the Parliamentary Budget Office estimates the surplus could hit $4.6 billion by then. (www.immigrantscanada.com). As reported in the news.