- Canada’s budget surplus narrows in February
Market news
2 May 2016
Canada’s budget surplus narrows in February
Canada's government said on Friday that budget surplus narrowed to C$3.2 billion ($2.56 billion) in February. For 11 months of the fiscal year 2015-16, revenue climbed by 6.2%, program expenses increased by 7.0%, while public debt charges dropped 5.0%.
The government said in March that it expected budget deficits in the coming years.
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