OTTAWA, Oct. 19 (Xinhua) -- The Canadian federal government ran up a deficit of 19-billion Canadian dollars (about 14.5 billion U.S. dollars) in 2017/18 fiscal year, the same as the one of the previous year, according to Canada's Finance Ministry Friday. The deficit came in slightly ...
Federal NDP leader started year propping up Trudeau government, ended it calling for his resignation about 21 hours ago Read more > Trudeau weighs his options as his path to stay on as prime minister narrows PM cancels year-end interviews, has yet to publicly discuss Freeland’s departure abo...
The effect of the Canadian federal government deficit on real interest rates : theory and evidenceDurrans, Richard
The budget itself was far less dramatic in terms of when Ottawa will balance its books, despite the Trudeau Liberals promise to eliminate the federal deficit by 2019 as part of the platform they campaigned to form government in 2015. Based on the numbers revealed in Tuesday's budget, Canada'...
In the case of Ontario, the debt of the province is managed by the Ontario Financing Authority. Does Canada Have Any Non-Public Debt? Although it is not counted as part of the national debt, the federal government and each province maintains a count of non-public debt. The main source ...
These new rules will become effective July 1, 2021 and are anticipated to increase federal revenues by $1.2 billion over 5 years. Goods Stored in Canada In a further effort to impose GST/HST on cross-border sales to the Canadian consumer, the government has made three proposals relating to ...
had a $75 billion trade deficit with Canada last year but noted a third of what Canada sells into the U.S. is energy exports and prices have been high. “Trade balances are something that he focuses on so it’s important to engage in that conversation but to put it into context,” ...
this is going to help that participation rate going forward. It's a multi-year thing. And eight of 10 provinces have already announced that they've reached deals with the federal government in terms of the flow of money. So I think from a longer term perspective, this will suppor...
The government predicted the deficit for last fiscal year would be $354.2 billion, and nearly $155 billion this year. But federal books could have billions more in extra fiscal space helped by higher oil prices, which have also helped push up inflation rates. ...
Most Canadian seniors on pension aren’t eligible for the newly announced $250 tax rebate from the federal government. And they’re not happy about it. Article content Article content The Working Canadians Rebate “is meant to recognize hardworking Canadians but it’s really an...