Ottawa posts $1.9B surplus for fiscal 2014-2015

Curious Cdn

Hall of Fame Member
Feb 22, 2015
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I think that it's time that the auditors had a peak at at least one set of those books. CRA would be seizing the records right now if it weren't their own records.
 

darkbeaver

the universe is electric
Jan 26, 2006
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You clearly can't handle the truth bombs.

It makes him burn. hahahahahahaah The surplus that almost isn't. The hamsters will vote for pennies, coppers flung before swine.
 

JamesBondo

House Member
Mar 3, 2012
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TSToo bad cross thread posts are against forum policy. We could have a good laugh at the leftard rhetoric about a deficit.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Except that this is a puny surplus because of poor GDP growth from a technical recession and uneccessary cuts.

It has nothing to do with a healthy economy.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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You're the one boasting about government intervention with little to no economic growth.


Who's the leftard now? Lol
 

Locutus

Adorable Deplorable
Jun 18, 2007
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Lol..."Ontario is benefiting from the low price of oil and weak Canadian dollar"
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Yes, I'm very familiar with the Dutch Disease concept.

But therein lies the problem with having a petro dollar to begin with.
 

taxslave

Hall of Fame Member
Nov 25, 2008
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I'll give credit to them for FINALLY balancing the budget, but the problem is that this is a pretty paltry surplus and it's based mostly on cutting costs and not economic growth.

Not only a surplus but taxes cut as well. Now lets keep it that way and use the surplus to pay down debt rather than new spending programs.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Except that the surplus was partly due to selling GM shares and tax revenue.
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
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Correction: That was for this year.

Hey you get to be right about something for once.


My original assertion that this is a paltry surplus based on austerity stands.
 
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Jinentonix

Hall of Fame Member
Sep 6, 2015
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You clearly can't handle the truth bombs.
What truth, that the lefties have continuously pissed and moaned about the debt and deficit since 2008 and straight through to this year?


Suddenly the surplus is no big deal because "the deficit was no big deal anyway". Especially since True Dope announced he would run deficits as well.
It's all one sick joke. There's no real campaigning anymore. It's all about sound bites and spin from all parties. And the sad thing is there are people on the right and the left who just don't see it. It's like religion. Their ideologists are always all knowing and beyond reproach while the other guy's are heretical sons of jackals whose veins run black with some sort of evil malevolence bent on destroying the country.