Read Canada Listing news report on federal debt-to-GDP ratio has ballooned by an unprecedented two-thirds year-over-year and more. Search Canada Listing
Month: December 2020
The Canadian navy’s new frigates will get a cutting-edge radar system that has never before been installed on a warship — a recent decision that quietly ended a heated debate within the $60 billion warship program.
A pandemic recovery plan can’t really get started until the pandemic ends. Still, the sketch of a recovery plan Finance Minister Chrystia Freeland offered yesterday leaves a lot of detail to the next budget.
The federal debt-to-GDP ratio has ballooned by an unprecedented two-thirds year-over-year, from 31 per cent in 2019 to 50.7 per cent today, writes Christian Leuprecht.
Monday’s fiscal update gave us a pretty good look at how much red ink has been spilled on the government’s finances — and just how long it might take to clean it up. A series of pronouncements from Canada’s biggest lenders this week should give us a similar glimpse of how things are doing in the real economy.