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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.
Between mid-2022 and early 2024, Canada's unemployment rate increased by 1.6%, a rise historically associated with recessionary periods in Canada since the 1970s. This increase, though smaller relative to its prior major recessions, was considered significant given its emergence from post-pandemic record lows.
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.
* Canadian dollar strengthens 0.8% against the greenback * Touches strongest since April 6 at 1.2502 * Canada's annual inflation rate accelerates to 6.7% * Canadian 2-year yield hits its highest ...
* Canadian dollar weakens 0.2% against greenback * For first quarter, loonie on track to gain 1% * Flash estimate shows Canadian GDP up 0.8% in February * Price of U.S. oil falls 4.9% TORONTO ...
The Canadian dollar has pulled back from a six-year high near 1.2000 per U.S. dollar earlier this month, pressured by the Fed's surprise move to project interest rate hikes starting in 2023 rather ...
1991 Canadian federal budget None [note 2] 1991–92 26 February 1990 1992 Canadian federal budget None [note 2] 1992–93 25 February 1992 Don Mazankowski PC: 1993 Canadian federal budget None [note 2] 1993–94 26 April 1993 C-9: Royal Assent (12 May 1994) [2] Adopted on division 1994 Canadian federal budget None: 1994–95 22 February 1994 ...
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 ...