Canada's government plans to increase spending on debt due to higher interest rates, with a significant portion of debt set to be refinanced. The Conservatives criticize the Trudeau government for not investing more in long-term bonds.
Canada’s debt and interest rate cuts. There is a fundamental difference between the United States and Canada the largest being the majority of household debt is on a fixed term . Despite the rapid rise in interest rates, debt service payments as a percentage of disposable… https://t.co/yDHUa31vZy
Canada’s debt and interest rate cuts. There is a fundamental difference between the United States and Canada the largest being the majority of household debt is on a fixed term . Despite the rapid rise and interest rates, debt service payments as a percentage of disposable… https://t.co/N8pVf6vy3o
A sizeable chunk of Canada’s debt will be refinanced this year with increased interest rates, something that the Conservatives argue could have been avoided if the Trudeau government had invested more into long-term bonds. Read more: https://t.co/hoUjYCrwa7 https://t.co/9wRKPVk8ac
Canada announces plan to increase spending on debt as interest rates continue to rise. #CanadaFinance #EconomyNews
Canada’s government says it will spend more on debt costs this year as it updates its forecasts to reflect a higher-than-expected outlook for interest rates. https://t.co/AheZabZBc5