(Reuters) - "Official projections put the 2007-08 federal and aggregate
provincial budget balances at $3 billion each,"
said Lovely.
"However, robust nominal income growth hints that planning
targets could again be too modest, particularly at the
provincial level, where fiscal results are traditionally more
tightly correlated with underlying economic conditions than at
the federal level."
Read more at Reuters.com Bonds News
provincial budget balances at $3 billion each,"
said Lovely.
"However, robust nominal income growth hints that planning
targets could again be too modest, particularly at the
provincial level, where fiscal results are traditionally more
tightly correlated with underlying economic conditions than at
the federal level."
Read more at Reuters.com Bonds News
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