Ottawa — Ottawa took in $10.7-billion more than it spent in the first eight months of this fiscal year — and more than double its surplus reported in the same period last year.
From April through November, the federal surplus swelled far beyond the $4.1 billion reported during the same time last year, the federal Finance department said Thursday.
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The latest figure of $10.7-billion is subject to a great deal of revision as monthly figures are adjusted to take account of new taxes flowing in and transfer payments to provinces and individuals flowing out.
The latest surplus number doesn't yet take into account two multibillion-dollar promises on health care and equalization made last fall by Prime Minister Paul Martin, finance officials said.
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http://www.theglobeandmail.com/servlet/story/RTGAM.20050120.wsurplus0120/BNStory/National/(I guess O'Lielly's boycott didn't work, lol)
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