We intend to spend more than we bring in during the next year, much of it buying votes from higher earning taxpayers, but because we sold off our GM shares and took $2 billion out of reserves we HOPE the books will show a little left over by this time next year. Our current year end figures are a guess as the true figures will not be available for a number of months yet, maybe after the election, we don’t know if we will be able pay off any of the national debt that has been increasing for the past 8 years but will continue to pay massive amounts of interest on it. Most of our promises wont effect our books this year as they don’t take effect for several years up the road and will be the new governments problem and if we get voted in we can always use creative accounting again.
Also see Budget
Balanced with EI Surplus
a Mockery of Working Canadians
5 things about the Budget
A longtime rural resident, I use my 60 plus years of life learning to opinionate here and elsewhere on the “interweb” on everything from politics to environmental issues. A believer in reasonable discourse rather than unhelpful attacks I try to give positive input to the blogesphere, so feel free to comment upon rural issues or anything else posted here. But don’t be surprised if you comments get zapped if you are not polite in your replys.