Weak economy? Not a problem for balancing budget by 2015, says Flaherty

OTTAWA – The federal government will take a “significant” hit from Canada’s weaker economic growth prospects, but will still be able to balance the books in time for the next election in 2015, Finance Minister Jim Flaherty said Friday.

Flaherty delivered the message after meeting with about a dozen private sector economists who travelled to Ottawa to warn that 2013 will be weaker than expected.

Read more: http://tinyurl.com/budns5p

2015 start date for proposed CO2 pipeline

A proposed pipeline that would carry carbon dioxide from east of Edmonton to Central Alberta should be operating by the middle of 2015, says the CEO of the company behind the project.

“We should start seeing some construction occurring in 2013, but the pipeline itself . . . would probably be in 2014,” said Susan Cole of Enhance Energy Inc.

Read more:  http://tinyurl.com/cp2vtj7