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David Dodge in Reuters on Fiscal Wiggle Room in the Canadian Election

September 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."

 

Key Contact

  • David A. Dodge O.C. David A. Dodge O.C., Senior Advisor

Spring 2022 Economic Outlook

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