Author Topic: Government Day-to-Day  (Read 40515 times)

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Offline JMT

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Re: Government Day-to-Day
« Reply #375 on: May 15, 2020, 09:05:26 am »
Investors didn’t want our bonds which forced Chrétien and Martin to drastically cut federal spending, which in turn put pressure on provincial budgets forcing their debt to increase. The BoC has already started quantitive easing which is basically printing money and Canada will probably lose its AAA credit rating.

Where's your info for that? Kevin Page has already come out and said that's unlikely.