Andrew Vaughan/The Canadian Press
"You lose jobs, you set the economy back, and the budget does not balance."
Melissa Renwick via Getty Images
The results bring the country's books back into the black a year earlier than forecast.
A Conservative party buffeted by weeks of bad news on the election trail as it seeks a new mandate welcomed word today that the federal government posted a $1.9 billion surplus last year.
Stephen Harper found himself playing defence Thursday as his rivals tried to pick apart his economic record during the election campaign's first leaders' debate.
“There’s nothing here that suggests anything visionary or comprehensive or actually strategic,” says Green party leader.
But the new money comes with a catch, of course.
OTTAWA - The Harper government is promising to spend more on the day-to-day-upkeep of the military, but the cash does not kick in for two years and is short of what the parliamentary budget office say...
OTTAWA - The symbolism of Finance Minister Joe Oliver donning a pair of Tory blue sneakers Monday for the traditional new-budget-shoes photo opportunity shouldn't be lost on anyone.A federal election...
OTTAWA - To balance, or not to balance.The Harper government's stubborn push to eliminate the deficit in its election-year budget has opened a debate: should it even bother scrambling to balance the b...
QUEBEC - Falling oil prices will reduce Ottawa's fiscal flexibility but will not prevent the government from posting a balanced budget next year, Prime Minister Stephen Harper said Tuesday."You should...
OTTAWA - Prime Minister Stephen Harper says last year's federal deficit will be more than $10 billion smaller than forecast, but he's refusing to predict the rapidly improving bottom line will mean ba...
Stephen Harper won his majority in 2011 -- on his fourth attempt -- because of certain promises he made. He promised to control spending. He promised to balance the federal budget in 2014-15. And he promised to deliver tax relief once the budget was balanced, by extending income splitting to working families and by doubling the amount we can all put in our Tax-Free Savings Accounts each year.This year's federal budget will show us if he's serious about keeping the promises that got him his majority.
IQALUIT, Nunavut - Prime Minister Stephen Harper delivered a cold reality to provinces on Thursday: his election promises trump any concerns they may have about how federal actions may affect provinci...