The Budget Balance in Canada measures the difference between the government's revenues and expenditures over a specific period. It is significant as it indicates the fiscal health of the country, influencing economic policy and investor confidence. A surplus suggests a robust economy, while a deficit may lead to borrowing and impact interest rates. Financial markets closely watch this indicator for insights into government fiscal policy and its potential effects on economic growth and inflation.
The Budget Balance in Canada measures the difference between the government's revenues and expenditures over a specific period. It is significant as it indicates the fiscal health of the country, influencing economic policy and investor confidence. A surplus suggests a robust economy, while a def...