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Canada Aug budget deficit C$2.69B vs C$2.34B last year

Growing deficits in Canada

  • April-Aug deficit of C$5.45B vs C$2.82B last year

The government has opened up the fiscal taps to counteract weakness in commodities. With Government of Canada 10s yielding 1.25% and debt-to-GDP relatively low, it's not a big problem.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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