Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Federal government swings to surplus in February

GP_Matt · 04-27-2012, 01:19 PM

I am pretty sure that they only showed a surplus for two months but still have a deficit on the year. Canada's fiscal year runs from April 1st to March 31st each year so we still have a month to go, but they would have to show a surplus of 14.5 Billion more than projected on the month to end the year even. Still, hopefully the government can continue the trend and finish 2012 with a balanced account.

04-27-2012, 01:19 PM	#4
GP_Matt First Line Centre Join Date: Jun 2011 Location: Edmonton Exp:	I am pretty sure that they only showed a surplus for two months but still have a deficit on the year. Canada's fiscal year runs from April 1st to March 31st each year so we still have a month to go, but they would have to show a surplus of 14.5 Billion more than projected on the month to end the year even. Still, hopefully the government can continue the trend and finish 2012 with a balanced account.