Canada Budget Balance
Low | $1.002 B | $-6.322 B |
$-8.213 B
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Last release | Importance | Actual | Forecast |
Previous
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$-3.544 B |
$1.002 B
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Next release | Actual | Forecast |
Previous
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Budget Balance reflects the difference between the government's income and expenditure during the reported period. A positive budget balance indicates a surplus and can be seen as positive for the Canadian dollar, while a negative value is seen as unfavorable for the CAD quotes.
Last values:
actual data
forecast
The chart of the entire available history of the "Canada Budget Balance" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.