Only he was lying his ass off.
The new government has had a look at the federal books - not the cooked set but the raw data - and the crushing weight of reality transforms Harper's surplus into a $3-billion federal deficit.
The last Conservative budget forecasted a $2.3-billion surplus for this year, but Finance Canada now says it's more likely the year will end with a $3-billion deficit — and that's before Liberal campaign promises are costed in.
Finance Canada still predicts the economy will eke out growth in 2015 — but only at an average of 1.2 per cent. The April budget by the Conservatives had predicted two per cent growth for the year.
Ottawa is also now assuming a weaker loonie, too. In April, the budget was forecasting an 83-cent loonie, on average, between now and 2019. Friday's fiscal update downgrades that to 79 cents US.
The loonie is currently trading hands at around 75 cents US.
All in all, it's a fitting fare-thee-well from the most manipulative, secretive and duplicitous government in Canadian history. When one speaks of Harper Derangement Syndrome it was an affliction not of Harper's critics but a corrosive infestation inside the man himself.