Table of Contents

Highlights

Chapter 1 – Creating Jobs and Growth and Supporting Families in a Fragile Global Economy

Supporting Canadian Families

Supporting Businesses

Returning to Balanced Budgets

Chapter 2 – Economic Developments and Prospects

Introduction

Global Economic Developments and Outlook

Financial Market Developments

Commodity Prices

Canada’s Economic Performance

Canadian Economic Outlook—Private Sector Forecasts

Adjustment to the September Survey of Private Sector Economists

Risk Assessment

Planning Assumptions

Chapter 3 – Fiscal Situation and Outlook

Fiscal Planning Assumptions

Changes in the Fiscal Outlook Since Budget 2014

Summary Statement of Transactions

Outlook for Budgetary Revenues

Outlook for Program Expenses

Risks to the Fiscal Projections

Sensitivity of the Budgetary Balance to Economic Shocks

Annex – Update of Long-Term Economic and Fiscal Projections

Long-Term Economic and Fiscal Projections

Methodology and Key Assumptions

Detailed Fiscal Projections

Sensitivity Analysis

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