Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

UPDATE 1-Canada reports modest budget surplus for February

Published 2016-04-29, 11:12 a/m
Updated 2016-04-29, 11:20 a/m
UPDATE 1-Canada reports modest budget surplus for February

(Adds details on budget data)
TORONTO, April 29 (Reuters) - Canada reported a modest
budget surplus of C$3.2 billion ($2.56 billion)in February, the
federal government said on Friday.
The country's finance department also said it had a surplus
for the April to February period of the 2015-16 fiscal year. The
surplus was C$7.5 billion, compared to a surplus of C$5.9
billion reported for the same period of 2014-15.
For the fiscal year-to-date total, revenue was up 6.2
percent. Program expenses rose 7.0 percent, while public debt
charges were down 5.0 percent.
The surpluses are expected to end soon. Canada's new Liberal
government said on March 22 that in a bid to revive growth it
would run deficits for several years.
($1 = 1.2519 Canadian dollars)

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.