🚀 go-pugleaf

abc wrote

> For 2010-11, preliminary estimates put the shortfall at $36.2-billion, 
> down from the previous forecast of $40.5-billion. The government expects 
> a 2011-12 deficit of $32.3-billion. 
> 

Just tell Harper that "Canada's Econmic Initiative" has been fucking up my 
drive to work every day since 2009 because the main road I take is under 
constuction, replacing sewer pipes.   It's scheduled to end in early 2013.

Damn!  I hate Keynesian economics when it fucks up my roads.

In article <20110731-144725.889.0@abc.shawnews.vc.shawcable.net>,
abc  <abc@a123.ca> wrote:
>Canada's budget deficit narrows
> 
>July 29, 2011
>
>OTTAWA � Canada�s budget deficit shrank in April and May from the same 
>period a year earlier as revenues increased by 2.9%, the Finance 
>Department said Friday.
>
>The federal government shortfall for the first two months of fiscal 2011
>-12 was $3.3-billion, down from a deficit of $4.43-billion for April and 
>May last year.
>
>For April of this year, the deficit totalled $442-million, down from 
>$2.44-billion a year earlier, while the government had a $2.86-billion 
>shortfall in May, compared with $1.99-billion in May 2010.
>
>Revenues during those two month rose by $1.1-billion to $38.3-billion, 
>reflecting gains from personal taxes (up $1.4-billion, or 7.8%) and 
>corporate taxes (up $400-million, or 10%), as well as employment 
>insurance premiums (up $300-million, or 8.5%.
>
>Those increases were partly offset by lower revenues from the goods and 
>services tax.
>
>Meanwhile, program expenses declined by $700-million, or 2%, mainly the 
>result of lower transfer payments.
>
>In its June 6 budget, the government trimmed its deficit forecast for the 
>current year and said it would eliminate its deficit ahead of schedule.
>
>Finance Minister Jim Flaherty said that following a spending review the 
>government �will achieve $4-billion in annual savings and allow the 
>government to return to budget balance by 2014-15, one year earlier than 
>previously planned.�
>
>In the pre-election March budget, Mr. Flaherty had forecast the deficit 
>would be erased by 2015-16.
>
>For 2010-11, preliminary estimates put the shortfall at $36.2-billion, 
>down from the previous forecast of $40.5-billion. The government expects 
>a 2011-12 deficit of $32.3-billion. 
>

Can the auditor general please verify?
-- 
Member - Liberal International	This is doctor@nl2k.ab.ca Ici doctor@nl2k.ab.ca
God, Queen and country! Never Satan President Republic! Beware AntiChrist rising! 
http://twitter.com/rootnl2k http://www.facebook.com/dyadallee
IT is done!  http://groups.google.com/group/rec.arts.drwho/about

"The Doctor" <doctor@doctor.nl2k.ab.ca> wrote in message 
news:j14dmm$rck$1@gallifrey.nk.ca...
> In article <20110731-144725.889.0@abc.shawnews.vc.shawcable.net>,
> abc  <abc@a123.ca> wrote:
>>Canada's budget deficit narrows
>>
>>July 29, 2011
>>
>>OTTAWA - Canada's budget deficit shrank in April and May from the same
>>period a year earlier as revenues increased by 2.9%, the Finance
>>Department said Friday.
>>
>>The federal government shortfall for the first two months of fiscal 2011
>>-12 was $3.3-billion, down from a deficit of $4.43-billion for April and
>>May last year.
>>
>>For April of this year, the deficit totalled $442-million, down from
>>$2.44-billion a year earlier, while the government had a $2.86-billion
>>shortfall in May, compared with $1.99-billion in May 2010.
>>
>>Revenues during those two month rose by $1.1-billion to $38.3-billion,
>>reflecting gains from personal taxes (up $1.4-billion, or 7.8%) and
>>corporate taxes (up $400-million, or 10%), as well as employment
>>insurance premiums (up $300-million, or 8.5%.
>>
>>Those increases were partly offset by lower revenues from the goods and
>>services tax.
>>
>>Meanwhile, program expenses declined by $700-million, or 2%, mainly the
>>result of lower transfer payments.
>>
>>In its June 6 budget, the government trimmed its deficit forecast for the
>>current year and said it would eliminate its deficit ahead of schedule.
>>
>>Finance Minister Jim Flaherty said that following a spending review the
>>government "will achieve $4-billion in annual savings and allow the
>>government to return to budget balance by 2014-15, one year earlier than
>>previously planned."
>>
>>In the pre-election March budget, Mr. Flaherty had forecast the deficit
>>would be erased by 2015-16.
>>
>>For 2010-11, preliminary estimates put the shortfall at $36.2-billion,
>>down from the previous forecast of $40.5-billion. The government expects
>>a 2011-12 deficit of $32.3-billion.
>>
>
> Can the auditor general please verify?

That's not what the AG does; they examine program spending.

Also, the numbers are produced by the Department of Finance, which is 
apolitical. 

On Jul 31, 1:36 pm, "M.I. Wakefield" <bed...@sympatico.ca> wrote:
> "The Doctor" <doc...@doctor.nl2k.ab.ca> wrote in message
>
> news:j14dmm$rck$1@gallifrey.nk.ca...
>
>
>
>
>
> > In article <20110731-144725.88...@abc.shawnews.vc.shawcable.net>,
> > abc  <a...@a123.ca> wrote:
> >>Canada's budget deficit narrows
>
> >>July 29, 2011
>
> >>OTTAWA - Canada's budget deficit shrank in April and May from the same
> >>period a year earlier as revenues increased by 2.9%, the Finance
> >>Department said Friday.
>
> >>The federal government shortfall for the first two months of fiscal 2011
> >>-12 was $3.3-billion, down from a deficit of $4.43-billion for April and
> >>May last year.
>
> >>For April of this year, the deficit totalled $442-million, down from
> >>$2.44-billion a year earlier, while the government had a $2.86-billion
> >>shortfall in May, compared with $1.99-billion in May 2010.
>
> >>Revenues during those two month rose by $1.1-billion to $38.3-billion,
> >>reflecting gains from personal taxes (up $1.4-billion, or 7.8%) and
> >>corporate taxes (up $400-million, or 10%), as well as employment
> >>insurance premiums (up $300-million, or 8.5%.
>
> >>Those increases were partly offset by lower revenues from the goods and
> >>services tax.
>
> >>Meanwhile, program expenses declined by $700-million, or 2%, mainly the
> >>result of lower transfer payments.
>
> >>In its June 6 budget, the government trimmed its deficit forecast for the
> >>current year and said it would eliminate its deficit ahead of schedule.
>
> >>Finance Minister Jim Flaherty said that following a spending review the
> >>government "will achieve $4-billion in annual savings and allow the
> >>government to return to budget balance by 2014-15, one year earlier than
> >>previously planned."
>
> >>In the pre-election March budget, Mr. Flaherty had forecast the deficit
> >>would be erased by 2015-16.
>
> >>For 2010-11, preliminary estimates put the shortfall at $36.2-billion,
> >>down from the previous forecast of $40.5-billion. The government expects
> >>a 2011-12 deficit of $32.3-billion.
>
> > Can the auditor general please verify?
>
> That's not what the AG does; they examine program spending.
>
> Also, the numbers are produced by the Department of Finance, which is
> apolitical.- Hide quoted text -
>
> - Show quoted text -

Cdns made a wise choice when they voted in the fiscally responsible
and ethical Tories into power with a majority.