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International investment reaction to Canada's debt increase
4
Resolution / Starting Odds
Increase in foreign investment • 33%
Decrease in foreign investment • 33%
No significant change in foreign investment • 34%
Financial news reports and major investment firm statements
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.
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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%
Increase transparency and compliance efforts • 33%
Reconsider or reduce U.S. investments • 33%
No significant change in strategy • 34%
Increase in Investment • 25%
Decrease in Investment • 25%
No Significant Change • 25%
Volatility • 25%
Increase in foreign investment • 33%
No significant change in foreign investment • 33%
Decrease in foreign investment • 34%
Improved Relations • 33%
Unchanged Relations • 33%
Worsened Relations • 33%
No change in operations • 25%
Increase in divestments • 25%
Legal challenges • 25%
Seeking exemptions • 25%
Increase investment • 25%
Decrease investment • 25%
Withdraw completely • 25%
No change in investment • 25%
Increased investment in renewable energy • 25%
Increased investment in other fossil fuels • 25%
No significant change in investments • 25%
Decreased overall investment in energy • 25%
Increased funding for firefighting • 20%
New national wildfire prevention strategy • 20%
International aid requested • 20%
Emergency state extended • 20%
No significant new measures • 20%
Negative impact on global markets • 33%
No significant impact on global markets • 33%
Positive impact on global markets • 33%
Broadly positive • 33%
Mixed • 33%
Broadly negative • 34%