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Happy Canada Day! - Sherbrooke Record


Happy Canada Day!
Reading time: 3 min
30 s
Dian Cohen
By Dian Cohen
The Government of Canada has just announced that as of the end of this year, for the first time ever, Canada Savings Bonds will no longer pay interest – they’re telling us all to cash them in.
I was seven years old in 1939. One of the highlights of that year was that King George V1 and Queen Elizabeth visited Winnipeg – along with thousands of others, I stood on Wellington Crescent to wave. Later that year, during the first week of school, the second world war was declared.
Waging war is expensive. Between 1939 to 1950, it cost Canada $21.8 billion – about $386 billion in today’s dollars. More than 45,000 Canadians died, and the Canadian economy boomed. Canada produced $5.8 billion from its natural resources during the war. … Unemployment disappeared (the unemployment rate fell from 11.4 percent in 1939 to 1.4 pe ....

New Zealand General , New Zealand , King George , Queen Elizabeth , Canada Savings Bonds Program , Massawippi Valley Health Centre , Payroll Program , Customer Service , Canada Savings Bonds , Wellington Crescent , Victory Bonds , Finance Department , Canada Payroll Bonds , Massawippi Valley Health , புதியது ஜீலாந்து , கிங் ஜார்ஜ் , ராணி எலிசபெத் , ஊதியம் ப்ரோக்ர்யாம் , வாடிக்கையாளர் சேவை , கனடா சேமிப்பு பத்திரங்கள் , வெலிங்டன் பிறை , வெற்றி பத்திரங்கள் , நிதி துறை ,

The role of households in financing government debt in euro area


The role of households in financing government debt in euro area
Prepared by Jeanne Pavot and Vilém Valenta
1 Introduction
The coronavirus (COVID-19) pandemic has reinvigorated interest in how governments finance their spending to an extent not seen since the global financial and euro area sovereign debt crises of 2008-12. Economic crises of such depth require governments to take decisions on how far the crisis-related costs should be financed by spending cuts elsewhere in the budget, by revenue increases and/or by incurring additional debt. At the same time increases in government debt raise questions as to the optimal financing strategy in terms of instruments and maturities, but also the investor base. ....

United States , United Kingdom , Henri Maurer , Jeanne Pavot , Office For National Statistics , European System , Federal Reserve System , Statistics Canada , National Statistics , For Ireland , Savings Securities , Canada Savings Bonds , Member States , Municipal Bonds , Household Finance , Consumption Survey , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , அலுவலகம் க்கு தேசிய புள்ளிவிவரங்கள் , ஐரோப்பிய அமைப்பு , கூட்டாட்சியின் இருப்பு அமைப்பு , புள்ளிவிவரங்கள் கனடா , தேசிய புள்ளிவிவரங்கள் , க்கு ஐயர்ல்யாஂட் , கனடா சேமிப்பு பத்திரங்கள் , உறுப்பினர் மாநிலங்களில் ,