Archived - Release of The Fiscal Monitor for March 2015

May 29, 2015 – Ottawa, Ontario – Department of Finance

Finance Minister Joe Oliver today released The Fiscal Monitor for March 2015.

There was a budgetary deficit of $3.0 billion in March 2015, down $3.7 billion from the budgetary deficit reported for March 2014.

Revenues increased by $4.6 billion, or 18.6 per cent, reflecting significant increases in corporate income tax revenues and other revenues. Program expenses increased by $1.3 billion, or 4.5 per cent, while public debt charges decreased by $0.4 billion.

Melissa Lantsman
Director of Communications
Office of the Minister of Finance
613-369-5696

Stéphanie Rubec
Media Relations
Department of Finance
613-369-4000

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