Ottawa--Despite John Manley and Paul Martin's repeated warnings of a dismal fiscal outlook, the Alternative Federal Budget's calculations show Canadians can expect an underlying federal surplus of $6.6 billion in fiscal year 2003-04.
The AFB's Economic and Fiscal Update, released today by the Canadian Centre for Policy Alternatives, predicts that this year's surplus of $6.6 billion will rise to a surplus of $20.4 in fiscal year 2006-07, constituting a cumulative surplus of $55.9 billion over the next four years.
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