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.

Canada Aug budget deficit C.69B vs C.34B last year
Canada Aug budget deficit C.69B vs C.34B last year
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