Feb

22

A New Definition of “Surplus”

February 22, 2006 |

The budget projects total debt, including that of publicly owned corporations, will increase to C$36.5 billion from C$34.8 billion, but the debt-to-GDP ratio should drop to 20.7 percent from 20.9 percent.
reuters

I like Carole Taylor a lot. I think she is smart, honest and very competent. So why is she claiming a budget in surplus when debt rises very nearly 2 billion dollars.


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