"The Government’s efforts to support jobs and growth are underpinned by its plan to return to balanced budgets in 2015." (Source 1)

"The federal government continues to show progress in its drive to eliminate the deficit by next year, the latest accounting from the Finance Department indicates. In the first report on its financial position for the new 2014-15 fiscal year, the department said it posted a combined $1.15-billion deficit for April and May, the first two months of the fiscal year. That compared with a $2.7-billion shortfall last year during the same period." (Source 2)

"The Honourable Jim Flaherty, Minister of Finance, today released the Annual Financial Report of the Government of Canada for 2012–13. The report shows the continued downward track of Canada’s annual deficit. In 2012–13, the deficit fell to $18.9 billion. This was down by more than one-quarter ($7.4 billion) from the deficit of $26.3 billion in 2011–12 and down by nearly two-thirds from the $55.6-billion deficit recorded in 2009–10." (Source 3)

"Canadian Finance Minister Joe Oliver said again on Monday [December 15th 2014] he was confident the federal government would balance the budget next year, even given volatile oil prices." (Source 4)

"The fiscal year that ended March 31 is the first time the federal government’s books have been balanced since 2007-08, the year before Ottawa began deficit-spending in response to the global financial crisis. On Monday, the treasury reported a $1.9-billion surplus for 2014-15, a result Mr. Harper held up as the fruit of his government’s “careful economic stewardship.”"