The Canadian Press

2010-10-12 | Flaherty Economic Update

Preview Clip

Finance Minister Jim Flaherty announced October 12th that Ottawa posted a 55.6 billion dollar deficit in 2009, the biggest in Canadian history. Flaherty said Canada remained on track to balance the budget in just over five years. (The deficit was about 13 billion dollars more than the previous high in 1993-94.)

Date: 2010-10-12
Placeline: MISSISSAUGA, Ontario.
Source: The Canadian Press
Length: 25 seconds

Transcript Prediction: << the deficit is projected to decline from 55.6 billion in the last fiscal year 2019 to 2010 in 2011-12 into a small deficit of 1.7 billion in 2014-15 a small surface of 2.6 billion in 2015-16 >>