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Harper says falling oil prices won't prevent balanced budget next year

Darpan News Desk The Canadian Press, 16 Dec, 2014 11:34 AM

QUEBEC — Prime Minister Stephen Harper is still predicting a balanced budget next year despite plummeting oil prices.

Harper says the drop in price will reduce the government's fiscal flexibility but that there will be no red ink.

The prime minister also fired a jab at Russia, saying its economy is suffering because of the oil situation but also because of what he called the country's poor economic governance.

Harper was speaking in Quebec City today after announcing support for the restoration of three historic landmarks.

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