Vive Le Canada

Goodale Projects $5.9 Billion Surplus This Year

Posted on Tuesday, November 16 at 15:40 by arc628
Canada is on track to post a budget surplus of $5.9 billion when the federal government's current fiscal year ends in March, Finance Minister Ralph Goodale said Tuesday. (Or 8.9 billion, depending on the source . . .Dr.C ) http://www.canada.com/businesscentre/story.html?id=f1dd07d4-daae-41c2-b9be-2b395389c793 http://www.cbc.ca/story/business/national/2004/11/16/budgetupdate_041116.html In a related story Paul Martin has ruled out the possibility of personal income tax. http://www.cbc.ca/story/canada/national/2004/11/16/martin_tax041116.html Hopefully this money will be put to good use.

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  1. by Perturbed
    Tue Nov 16, 2004 11:52 pm
    It will be used to pay down the debt--as per usual.

  2. by Anonymous
    Wed Nov 17, 2004 4:26 am
    Putting it to good use means giving it over to the debt lords - aka paying down the debt.

    Yah, the same debt that should not even be there but is thanks to the bright thinkers on the right side of the fence. Let the private banks create your money - they do everything cheaper and better. Ignore that creating your own worked just fine and won you a world war, built massive infrastructure upgrades for your nation and made you a world power.

    Go back to sleep - nothing to see here, just more debt payments. Who was the bachelor going to marry? Sh** where is my remote.

  3. by Perturbed
    Wed Nov 17, 2004 5:14 am
    There's an anon who I'm a fan of. :)

  4. by avatar arc628
    Wed Nov 17, 2004 7:47 am
    I doubt he'll use this surplus to pay down the debt. He's got a minority government and he's probably eager to win some support. I expect to see a big give-away with this money.

    Though IMO paying down the debt isn't necessarily a bad thing. However, there are better things to spend it on now.



    ---
    "Our hopes are high. Our faith in the people is great. Our courage is strong. And our dreams for this beautiful country will never die."
    -Pierre Trudeau

  5. by Anonymous
    Wed Nov 17, 2004 5:10 pm
    We should show our support for democracy in Iraq by giving this surplus to the Americans. They are doing the bulk of the work of trying to make the country safe for elections, it's not the least we could do, we're doing the least now, but it would show that Canadians do in fact care about people in other parts of the world and ultimately our security here in North America.

  6. by Perturbed
    Wed Nov 17, 2004 9:48 pm
    arch628, check out these sites:

    www.canadianactionparty.ca

    and especially: www.wizardsofmoney.org


    Private debt follows the rules of compound interest--it can never be paid back without turning us into a third world country.

  7. by Perturbed
    Wed Nov 17, 2004 11:29 pm
    Anon, get real and go away please.

  8. by Wraun
    Sat Nov 20, 2004 9:09 pm
    I'm starting to think that Anon is really Jim Carey incognito. Some of his comments are really funny. ;^)

    ---
    Canada for Canadians

  9. by Jim Callaghan
    Sun Nov 21, 2004 1:47 am
    A NON, someone I know (or at least know by the name anon) is brainwashed.

    Have you listened to yourself lately ??

    I do it all the time, and when I disagree with myself, I know the difference.

    You don't.


    ---
    "Arrogance is unacceptable. Do it to my face, and I will react" - Jim Callaghan



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