Is it a bird? A plane? No, it’s… the size of Canada’s debt servicing costs. The Parliamentary Budget Officer’s (PBO) latest Economic and Fiscal Outlook projects Ottawa will accumulate $333 billion in deficit spending over 5 years. However, the Government of Canada (GoC) will need to borrow nearly three-quarters of a trillion dollars. Debt servicing […]
Ottawa is boasting of fiscal anchors, but the latest stress test is about to give taxpayers that sinking feeling. This morning, the Parliamentary Budget Officer (PBO) released its 2026 Economic and Fiscal Outlook, reviewing Ottawa’s fiscal projections and the probability of meeting them. The non-partisan agency found the federal plan stands up on paper, but […]
Canada’s central bank is concerned about how the country is financing its debt. The Bank of Canada’s (BoC) latest Financial Stability Report flags the growing role of hedge funds in public bond auctions. They now represent over 40% of new Government of Canada (GoC) bond purchases, often financed with short-term loans secured by GoC bonds […]
Research from the central bank for central banks shows government debt is pushing its limits. The Bank for International Settlements (BIS) latest quarterly review reveals sovereign debt is now so abundant that it’s eroding the discount they once enjoyed. The scale is so large it’s distorting credit markets and mispricing corporate risks while quietly inflating […]
