Didn't even notice this from last month. Unless the numbers weren't released yet.
Quote:
The February surplus follows a $1.7-billion surplus in January. As a result, with just one month left in the current fiscal year, the 2011-12 cumulative deficit stands at $14.5-billion. That’s well below the $24.4-billion the government projected in its March 29 budget ($24.9-billion once new budget measures were factored in.)
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http://www.theglobeandmail.com/news/...rticle2415852/
So we've got $3.2 billion in the bank from this year. What does the treasury actually do with the extra money?
Quote:
It is not clear why there is such a large difference between Finance Canada’s budget numbers and its monthly tracking numbers.
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Promise small, deliver big? Certainly makes them look good.