And despite recent declines in oil prices, the federal deficit will be eliminated in 2015 - 16 and possibly even one year earlier. (3dpolicy.ca)
He pointed to the sharp decline in oil prices, as well as manufacturing weakness. (nbr.com)
Most important was the dramatic decline in oil prices in 2015, which resulted in a significant reduction in nominal GDP by 2050 - 51, of nearly $ 430 billion. (3dpolicy.ca)