Ottawa took in an extra $2.3 billion in July 2005 - almost $1 billion more than it reported during the same period one year ago, the Finance department reported Friday. That brought the total federal surplus to $7.1 billion from April through July - near double the $4.3 billion recorded during the same period a year earlier.
As pointed out in the article, even last year's level of income had the federal government in line to bank a surplus over 8 billion until the late spending came into play. Barring a shocking turn of events, the NDP budget deal looks like it's safe based on the numbers...as long the government in power at the end of the 2005-06 fiscal year is still interested in implementing it.
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