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Canada Budget Balance YoY
Latest Release
Dec 20, 2024
Actual-14.50B
Previous-13.01B
Government deficit or surplus is the net of operating surplus and public debt charges. The budget of a government is a summary or plan of the intended revenues and expenditures of that government.Surplus in general refers to an excess of income over expenditure.Deficit refers to the negative of the budget surplus, thus the excess of expenditure over income.
A higher than expected reading should be taken as positive/bullish for the CAD , while a lower than expected reading should be taken as negative/bearish for the CAD.
A higher than expected reading should be taken as positive/bullish for the CAD , while a lower than expected reading should be taken as negative/bearish for the CAD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 20, 2024 (Oct) | 11:00 | -14.50B | -13.01B | ||
| Nov 29, 2024 (Sep) | 11:00 | -13.01B | -9.84B | ||
| Oct 25, 2024 (Aug) | 10:00 | -9.84B | -7.30B | ||
| Sep 27, 2024 (Jul) | 10:00 | -7.30B | -2.88B | ||
| Aug 30, 2024 (Jun) | 10:00 | -2.88B | -3.89B | ||
| Jul 26, 2024 (May) | 10:00 | -3.89B | -50.93B |
Analysis
USD Steadies Ahead Of Powell Testimony
By ORBEX - Feb 27, 2018
The U.S. dollar managed to hold its ground on Monday as investors brace for Fed Chair, Powell's semi-annual testimony to Congress later today. Although Powell hasn't yet officially chaired any FOMC...
Budget Balance (YoY) Discussion
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