Budget projections are no longer worth worrying about

Whatever Tuesday’s economic update said, the Prime Minister says he still expects the budget to be balanced before the 2015 election.

“It remains the government’s plan, intention, to balance the budget prior to the next federal election,” he said at a press conference in Quebec City.

Scott Clark and Peter DeVries say the economic update was “lacking in transparency, accountability, and a realistic assessment of economic and fiscal prospects and risks.”