Bennett JonesIn 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. |
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