General

Finance Minister Jim Flaherty to table budget March 21

OTTAWA – Finance Minister Jim Flaherty says he’ll deliver the federal budget on March 21.

With restraint as the watchword for the Harper government, it’s unlikely the budget will have any goodies.

It likely will be a stay-the-course document, keeping things on track toward Flaherty’s forecast of a balanced budget by 2015.

It comes at a time of anemic economic growth.

Real GDP grew at an annualized rate of 0.6 per cent in the fourth quarter of 2012.

However, prospects brightened a bit with the latest employment report, which showed the economy created 51,000 new jobs in February.

This morning on Macleans.ca, Erica Alini said there are three things to keep in mind about the announcement. 

Also on our Econowatch blog, our resident economist Stephen Gordon explains what he’ll be watching for when the budget is tabled in the House.

 

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