finance
Fitch Ratings States Canada's Fiscal Deficits Held Steady by Growth-Driven Revenues
Fitch Ratings reported that Canada is relying on growth-driven revenues to maintain steady fiscal deficits. The nation's deficit trajectory remains unchanged in nominal terms from the November 2025 budget. This assessment highlights the baseline set by the prior budget for current fiscal stability.
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Fitch Ratings stated that Canada is relying on growth-driven revenues to hold its fiscal deficits steady. The rating agency's assessment indicated that Canada's deficit trajectory remains unchanged in nominal terms from the November 2025 budget. Canada's fiscal deficits are being held steady through reliance on growth-driven revenues, according to Fitch Ratings.
The November 2025 budget set the baseline for the unchanged nominal deficit trajectory, as outlined by Fitch Ratings.
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