![]() In The News David Dodge in Reuters on Fiscal Wiggle Room in the Canadian ElectionSeptember 30, 2019 David Dodge comments in Reuters on how Canada's federal election candidates are making a range of pricey campaign promises ahead of October's vote, but there is some wiggle room for a larger budget shortfall so long as the economy continues to grow. David says the debt service charges are the key marker. A deficit of as much as C$30 billion "would not generate unmanageable debt service charges," said David. "If interest rates go down further you have a little bit more room." Republishing Requests For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. |