IIAC urges Ottawa to keep commitment to deficit reduction
Quick rebound has dramatically improved Ottawa’s treasury, data shows
2009-10 $4.7-billion projected deficit reduced by 78%
Quebec and New Brunswick have come closest to keeping within their stated budget limits
But while some are raising taxes, most others hope that restraining expenditures will do the trick
Budget projects deficit of $54.9 million in 2010-11
Budget creates a new 21% tax bracket
$4.5 billion deficit for 2010-2011 on revenues of $64.5 billion
Provincial budget includes big spending on children, health
10 month shortfall at $39.6 billion