Can Canada balance its budget?

The country’s revenue outlook has deteriorated.

By Wire services | January 21, 2013 | Last updated on January 21, 2013
1 min read

With Canada’s economy slowing, the country’s revenue outlook has deteriorated, reports Bloomberg.

Read: Is Canada headed for a U.S.-style meltdown?

Though Finance Minister Jim Flaherty provided an updated fiscal plan this past fall, Bloomberg adds bringing the budget into balance will be extremely challenging given the increasingly tough economic climate.

Find out why budget planners are concerned, and whether they feel balance can be reached by 2015.

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