Page 43 - Fall Economic Statement News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem said on Wednesday that interest rates may be at their peak, ...

Finance Minister Chrystia Freeland will present the Fall Economic Statement around suppertime today, and it's ...

OTTAWA (Reuters) -Canada Finance Minister Chrystia Freeland on Tuesday is set to deliver a mid-year fiscal update that will show widening deficits and weak economic growth and include targeted spending to boost housing supply. With interest rates at a two-decade high and inflation still elevated, Prime Minister Justin Trudeau's Liberal government is under pressure to curb spending, which the central bank warned is stoking inflation. Freeland is due to present the Fall Economic Statement (FES) to the House of Commons after 4 p.m. EST (2100 GMT).

The cost to service the federal government's sizeable debtload will spike in the years ahead — and those public debt charges will eat up much more of Ottawa's revenue than they have in recent years, according to Finance Minister Chrystia Freeland's fall economic statement, tabled today.

Canada Finance Minister Chrystia Freeland on Tuesday is set to deliver a midyear fiscal update that will show widening deficits and weak economic growth and include targeted spending to boost housing...