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Approximately half of Canadian general government gross debt in 2021 was debt of the federal (central) government ($1,570 billion or 62.5% of GDP), and half was debt of the PTLGs. [5] Public debt is sustainable when it "does not grow continuously as a share of the economy". [ 7 ]
The Canadian dollar touched a 4-1/2-year low against its U.S. counterpart on Monday before recouping its losses and Canadian bond yields rose, as investors weighed the fiscal implications of the ...
The Canadian federal budget for the fiscal years of 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.
Canadian bond yields moved lower across the curve. The 10-year was down 7.7 basis points at 3.149%, after earlier touching its weakest level since Oct. 18 at 3.141%. (Reporting by Fergal Smith ...
The Ontario Financing Authority, which manages the provinces' debt, says that as of March 31, 2020 (for the 2019-20 fiscal year), the Ontario government's net debt is CDN $353.3 billion. [3] Net debt is projected to rise to $398 billion in 2020-21. The Debt-to-GDP ratio for 2019-2020 was 39.7%, and is projected to rise to 47.1% in 2020-21. [6]
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie was trading 0.3% higher at C$1.4034 to the greenback, or 71.26 U ...
2020 Canadian federal budget: 2020–21 — Never presented Postponed and combined into the following year's budget due to the COVID-19 pandemic: 2021 Canadian federal budget A Recovery Plan for Jobs, Growth, and Resilience: 2021–22 19 April 2021 Chrystia Freeland Liberal: C-30: Royal Assent (29 June 2021)
* Loonie touches a 3-year high intraday at 1.2365 * Canadian new home prices rise 1.9% in February from January * Price of U.S. oil falls 0.9% * Canadian bond yields rise across a steeper curve By ...