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home / news releases / ZCAN - Bracing For A Debt Tsunami: Ottawa Navigates The Pandemic-Spending Tide

ZCAN - Bracing For A Debt Tsunami: Ottawa Navigates The Pandemic-Spending Tide

SPDR Solactive Canada ETF
  • The combined federal-provincial deficit now stands at $473 billion.
  • Early guidance from governments points to a drop in deficit to around $190 billion (8% of GDP).
  • Credit rating agencies will await information around governments' medium-term exit strategies.

For further details see:

Bracing For A Debt Tsunami: Ottawa Navigates The Pandemic-Spending Tide
Stock Information
Company Name: SPDR Solactive Canada ETF
Stock Symbol: ZCAN
Market: NYSE
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