How Harper Put Canada Massively in the Red – – Mobile

Excerpt :

“He ate up a huge federal surplus, piled up six deficits. This PM wants to run on fiscal smarts? ”

“But Harper’s fiscal management is a tale of reversal and failure, not triumph. Department of Finance Fiscal Reference Tables reveal that in the years before Harper became prime minister, there were nine consecutive years of budgetary surpluses, from 1997 to 2007. In eight of those years, Ottawa amassed a surplus of over $79 billion. Yet In Harper’s first eight years as prime minister, he managed to produce a deficit of almost $127 billion.”

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