Fiscal update erases projected surplus, as government books now expect $3B budget deficit

The last Conservative budget forecasted a $2.3-billion surplus for this year, but Finance Canada now says it's more likely 2015 will end with a $3-billion deficit — and that's before the Liberals' campaign promises are costed in. Watch Finance Minister Bill Morneau's news conference and the reaction from opposition critics live now.

from CBC | Express Feed News http://ift.tt/1S8DWwt