Reports in advance of Ottawa’s federal fiscal update suggest the deficit may reach $34 billion.
fiscal update
November 14, 2013
2:00AM
After federal Finance Minister Jim Flaherty unveiled his latest financial plan Tuesday, much of the media hype centred on the government's larger than expected surplus in 2015-16. Early chatter seemed to accept the government will deliver as promised and some declared its "conservative assumptions" might allow for the deficit to be eliminated even earlier.