The country’s current account deficit — what it needs to borrow from the rest of the world to finance spending — widened to $19.3 billion, the third highest on record. Economists had forecast a $20 billion deficit
Friday, December 1, 2017
CANADA'S RELIANCE ON FOREIGN FINANCING
Canada’s reliance on foreign financing rose to near record levels in the third quarter as exporters continue to struggle.
The country’s current account deficit — what it needs to borrow from the rest of the world to finance spending — widened to $19.3 billion, the third highest on record. Economists had forecast a $20 billion deficit
The country’s current account deficit — what it needs to borrow from the rest of the world to finance spending — widened to $19.3 billion, the third highest on record. Economists had forecast a $20 billion deficit
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment