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financial update

November 13, 2014 10:00AM

With deficit slayed, tax relief, not more spending should top Ottawa’s agenda
Charles Lammam, Milagros Palacios
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After seven years of budget deficits and over $160 billion in new debt, the federal government confirmed in its financial update Wednesday that it expects to record a surplus next year.

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federal government, financial update, federal government budget, government debt, debt and deficit canada, tax reform, capital gains tax, marginal tax rates, income tax rates, income splitting, economic growth and prosperity