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Tax revenues rise

85% probability that the deficit will last beyond 2015-16

Federal government remains on track for year, Finance says

Flaherty says balanced budget over five years away

Tories will turn off the stimulus taps next spring

Ottawa expected to beat $49-billion budget target

Finance minister wants to balance province’s books by spring 2013

Federal government faces difficult challenge moving toward sustainable elimination of deficits

On track for projected $49.2B annual shortfall

2009-10 deficit $19.3 billion, $2 billion less than forecast