22 Without fiscal course correction, Ottawa could be posting deficits until 2070, PBO says (nationalpost.com) posted 3 years ago by RightOfSask 3 years ago by RightOfSask +22 / -0 12 comments share 12 comments share save hide report block hide replies
Has the government ever ran a surplus and tried paying down the debt to reduce interest payments?
Yes a brief period in the early 90s, but that surplus was not spent on paying down the debt. The temporary 5 year only gst plan remember that hahaha