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Net debt as a percentage of GDP is calculated using nominal GDP for the calendar year ending in the fiscal year (e.g. for 2022–23, net debt is divided by GDP for the 2022 calendar year.) GDP is from Statistics Canada. [10] The net debt series begins in 1998–99 since earlier data is not directly comparable, due to a break in the data ...
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.
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
Canada's economy grew at an annualized rate of 1% in the third quarter, undershooting the Bank of Canada's forecast of 1.5%, after growing 2.2% in the prior quarter. ... The 10-year was down 7.7 ...
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 ...
Canada is a major exporter of commodities, including oil, so the loonie tends to be sensitive to shifts in the economic cycle. CANADA FX DEBT-Canadian dollar slumps in November as Fed mulls faster ...
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]
* Canadian dollar weakens 0.1% against the greenback * For the week, the loonie was on track to gain 1.2% * Price of U.S. oil falls 1.2% * Canadian bond yields ease across curve TORONTO, Aug 12 ...