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Finance Minister Jim Flaherty holds a press conference in the media lock-up prior to tabling the budget in Ottawa on Feb. 11, 2014.
Finance Minister Jim Flaherty holds a press conference in the media lock-up prior to tabling the budget in Ottawa on Feb. 11, 2014.
(SEAN KILPATRICK/THE CANADIAN PRESS)

Flaherty’s budget saves the real hope of recovery for next time

It was a budget designed to be the end of an era, not the start of a new one.

After a rocky ride through deep recession, in which the government poured out billions in stimulus and then the deficit-cutting austerity that followed, there were no fireworks, no big budget initiatives, to mark the end of the effort. Instead, there was a tiny surplus masquerading as a small deficit, and a little busy-work with modest new measures.