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Deficit down Collins predicts faster growth
Finance Minister Gary Collins announced last year’s deficit came in $700 million under expectations with a $2.7 billion deficit excluding accounting adjustments. He cited a 1.7 percent growth forecast this year, higher than the budget plan, and hinted at a September revision. Opposition criticised tax cuts, while Collins defended Liberal cost-cutting and a 2004-05 balance goal despite health and education cuts.
MENTIONED IN THIS ARTICLE
Paul Willcocks
SNS
Victoria
Gary Collins
Collins
NDP
Jay MacPhail
Gordon Campbell
MacPhail
Campbell
Liberals
Ottawa