Canada deficit below target despite one off costs
OTTAWA (Reuters) - Canada's preliminary budget deficit for 2011-12 came in below forecasts despite big spending in the final month of the fiscal year to compensate the province of Quebec and pay for buy outs for thousands of public service workers. The Department of Finance reported on Friday the federal deficit was C$23.5 billion ($22.8 billion) for the year ending March 31, below the government's forecast of a C$24.9 billion shortfall. It said the results to date are in line with its projection. ...
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Yahoo: Politics: Canada deficit below target despite one off costs
Date Listed : Friday, May 25, 2012
Source : Politics, Yahoo! News: Politics News
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