Good news even if they want to downplay it. I personally have zero problem with the Liberals downplaying the economy even if they are doing it for political reasons.
Quote:
It may be the first surplus a finance minister doesn’t want to talk about.
Finance Canada reported Friday that the federal government had a $7.5-billion surplus with just one month left in the fiscal year.
For months, Finance Minister Bill Morneau has insisted the 2015-16 fiscal year, which ran until the end of March, would finish in deficit. The Liberals’ March 22 budget projected a deficit for that year of $5.4-billion, an outcome that now appears unlikely barring an unusually large deficit in March.
The monthly tracking of Ottawa’s bottom line – known as the Fiscal Monitor – showed the federal government ran a $3.2-billion surplus in the month of February.
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http://www.theglobeandmail.com/news/...ticle29797547/