Release of The Fiscal Monitor, February 2013

April 30, 2013

The Honourable Jim Flaherty, Minister of Finance, released The Fiscal Monitor for February 2013.

Highlights
February 2013: budgetary surplus of $1.6 billion

There was a budgetary surplus of $1.6 billion in February 2013, compared to a surplus of $1.5 billion in February 2012.

Revenues increased by $0.5 billion, or 2.4 per cent, reflecting an increase in income tax revenues. Program expenses increased by $0.6 billion, or 3.1 per cent, reflecting increases in major transfers to persons and other levels of government and direct program expenses. Public debt charges decreased by $0.1 billion, or 5.5 per cent.

The entire document is available at:
http://www.fin.gc.ca/n13/13-063-eng.asp

Topic(s)

International Trade and Border Management

Information source

Global Affairs Canada (GAC)

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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