jim flaherty

2:00AM
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When Finance Minister Jim Flaherty announced last week that the Conservative government will miss its target for balancing the budget, he confirmed something that should be obvious to all students of recent Canadian economic history: Crossed-finger revenue forecasts and unrealistic spending growth projections are no basis for sound economic policy.

2:00AM
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With the release of its economic and fiscal update, the Conservative government finally confirmed it will not meet its 2014-15 target for balancing the budget.

No surprise here.