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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 ...
Canadian public debt, or general government debt, is the liabilities of the government sector. [ 1 ] : 23 Government gross debt consists of liabilities that are a financial claim that requires payment of interest and/or principal in future.
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.
Newfoundland and Labrador public debt per capita at $27,761, was the highest in Canada. [18]: 141 The RBC said in April 2019, that the Ford government's debt target is soft, aiming to reduce the net debt-to-GDP ratio to "less than the inherited 40.8%" in the early years to "38.6% by 2023-2024." [20]
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 ...
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 ...
British Columbia government debt is composed of the financial liabilities of the Canadian provincial government of British Columbia. [ 1 ] : 81 As of 2023 [update] , the British Columbia (BC) total government debt (total liabilities) was $129.3 billion for the 2022-23 fiscal year (ending 31 March 2023). [ 2 ]
* 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 ...