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Alternative federal budget 2003: Economic and fiscal update

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Author: 
Canadian Centre for Policy Alternatives
Format: 
Report
Publication Date: 
29 Oct 2002
AVAILABILITY

Available in print for order (see SOURCE) and online for download.

Abstract:

The Alternative Federal Budget (AFB) project, coordinated by the Canadian Centre for Policy Alternatives, released its Economic and Fiscal Update. The report, contrary to Minister Manley's warnings of a shrinking surplus, forecasts a combined surplus of $27.9 billion this year and next. It also notes the AFB's remarkably accurate record of forecasting federal surpluses over the last three years - $40 billion, compared with the actual cumulative surplus of $39.7 billion. This compares with the grossly inaccurate government estimate of $7.5 billion over the last three years.

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