The Canadian government will disclose that it has at least $1 billion on hand more in spending money than it had anticipated when it tables its budget Tuesday.
When Finance Minister Jim Flaherty closes the books on March 31, the surplus for the past fiscal-year will be about $13 billion, according to a government official with knowledge of the budget.
And while more than two-thirds of that money is committed to debt reduction, the remainder is expected to go into job-creating projects such as roads and bridges to rebuild Canada's infrastructure. They are also planning to put money into higher education and post-graduate studies.
Canada has a budget surplus--which means they have more money than they have budgeted. (extra money)
Thoughts.......
26 comments:
I think that is wonderfull, they actually are spending tax payers money on services they can use and yet they still have a wonderfull amonut left over. Why cant we pull something like this off in our country what are we doing wrong that they arnet?
I think we should be taking some tips from them. They are taxing their people but are using the tax money in a good way.
It is good for them. If I was them I would probably put the money towards the debt along with 2/3 that is already going towards their debt. How does Canada manage to have that much extra money? We would need more than $1 billion dollars to pay off out debt in the US but it would be a start.
I think that it's a good thing that they are using their money for things that they actually need and for the better of their country. It's good that they are actually paying off their debts and that they tax their people and use that tax for the good of their country
Besides the fact that Canada sucks i really do think that education and more money is a good thing. At least the kids in their schools will get all learnt up on Knowledge!
!Yep Learnt!
this is cool.
with all this money they can do a lot of stuff that they need to fix. this can also be good for school and if they spend there money in the US it may help our economy
this is cool.
with all this money they can do a lot of stuff that they need to fix. this can also be good for school and if they spend there money in the US it may help our economy
that is sweet we should all go up to canada.. i think they made a smart choice in paying off their debt and helping out education. That will probly help their country out alot
I think that George Bush could learn a few things from Canada. He is trying to fix our economy by pumping more money into it but that may not work. We need to create a smaller budget for our country and stick to it. We could sure use extra money to pay off our debt, fix infrastructure, and fund higher education.
Canada is Wise!! AND Canada dont suck there are some sweet people from there. They know how to roll!! They spend there money that they take from tax payers wisely and they arent in DEBT are they?! I think putting it towards Debt and education is a good choice.
Canada is smart they should give our country some tips on how to actually use the taxpayers money fro thigns that will help the country. to be able to spend that much on services and everythign and have that much left over shows that it is possible for a country to NOT have a debt into the trillions of dollars.
Go Canada! That would be sweet if our government acted like that...just having an extra billion or so on hand, and especially when it is used for cutting debt and supporting those who plan to educate themselves beyond high school. Also, the new jobs that are being introduced into Canada, via the extra money, is a great way to get people to work, support themselves and depend less on the government for survival.
I wish our government had extra money. Dang Canadians! Its good for them that they can actually put this money back into programs that will help their economy, too bad our budget is used for a war and paying off interest on our debt, not even pay the debt, just the interest. Maybe the Canadians can get actually police cars so they don't have the mounties running around on their horses anymore.
It is a very good thing that canada is actually using their tax money to better their country. Maybe America should start doing a better job of paying off their debt, and fund for higher education. If we had an extra billion dollars on hand, I wish we could be as wise as canada, and obviously isaiah canada cant suck that bad if they are doing all types of good things for their country can they?
ioh my god they are doing what we should be doing. yeah lets take a note from them. maybe i should move to canada.
I love Canada. Education being recognized? Wow! Extra money? What are we doing wrong? Yes, war.. I know.. but for goodness sakes.. Maybe we should follow their example.. Maybe I'll move there instead.
Thats kinda cool. At least they know how to put it to good use unlike the U.S. I also think it is good that higher education, jobs and the country's infranstructure is being thought of
Good for the Canadians.. they are using the tax payers money and pretty much giving it back by providing jobs for the people. I think the U.S should do something like this to try and boost our poor economy.
Thats good that canada does that. They are spending tax payers money on services they can use and yet they have alot left.
Thats good that canada does that. They are spending tax payers money on services they can use and yet they have alot left.
That’s pretty sweet. Canada has a lot of things going for them and this could help them in the future. They actually have money to get out of debt, and make extra jobs for the unemployed. They are also making it possible for their country to look better. We should almost get some tips from them so maybe one day we will get out of debt.
I say we just get rid of the canadian border and let canada run the united states. I'm not sure but i think they have a man as prime minister and he is not a liberal.
I just wish our government would have a budget surplus opposed to bringing us more into debt. I just hope in the near future we decide to do something different with our budget than we are now.
wow maybe our goverment nees to start taking some advice from canda. instead of going to war with iraq and spending millions thier. and i miss bill clinton he had us two years from being out of debt. than we get some texan with a itchy triger finger and just wants to jump into war as soon as he can. but you know what they say like father like son so we should have all know better. to quote dave chappelle they tried to kill his father man.
I'm moving to Canada. They seem to have it right. But it is insane to think they have sooo much extra money. I wonder how they managed to pull that off.
Hello people we are aren't doing a whole lot wrong.... canada has a budget surplus but look at how much foriegn aid they give? huh? compared to us they don't give crap.. we happen to be helping out some very poor countries in an enormous way... i am sure if we were stingy little tite wad canadians we would have a surplus too.... sometimes being the big dawg hurts...hahah
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