Loading...
Market
Impact of debt raise on Canada's GDP growth 2024
3
Resolution / Starting Odds
Increase in GDP growth • 33%
Decrease in GDP growth • 33%
No significant change in GDP growth • 34%
Statistics Canada GDP reports
Story
Canada Raises Debt Ceiling to Record $2.16 Trillion Under Trudeau
May 2, 2024, 06:56 PM
Canadian Finance Minister Chrystia Freeland has raised the national debt ceiling to a record $2.16 trillion, marking the second increase under the Trudeau administration in three years. This new limit is noted as nearly double the previous ceiling and roughly equivalent to Canada's annual economic output. Freeland emphasized that this move is a response to what would happen with austerity measures, suggesting that without government support, Canadians would have to fend for themselves. She reassured that the government is committed to being at the service of its citizens.
View original story
Similar markets
Increase • 33%
Decrease • 33%
No Change • 34%
Increase • 33%
Decrease • 33%
Stay the same • 34%
Decrease by less than 0.9% • 25%
Decrease by 0.9% to 1.2% • 25%
Decrease by 1.3% to 1.5% • 25%
Decrease by more than 1.5% • 25%
Increase • 33%
Decrease • 33%
No change • 34%
Netflix sees increased Canadian investment • 25%
Amazon Prime Video scales back Canadian operations • 25%
Disney+ increases subscription prices in Canada • 25%
No significant impact • 25%
Decrease in GDP growth • 25%
No significant change in GDP growth • 25%
Moderate increase in GDP growth • 25%
Significant increase in GDP growth • 25%