Us Debt Ceiling Canada
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The U.S. debt ceiling impasse is making Canadian economists nervousAs negotiations in Washington stall, economists tell Global News the fight over U.S. government spending and debt may have long-term ramifications on investor confidence.EconomyMay 19, 2023
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Canada watches closely but quietly as U.S. debt limit standoff nears deadlineCanadian companies and institutions that sell products or services or lend money to the U.S. government would feel the impact of a default almost instantly, experts say.EconomyMay 9, 2023
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McCarthy ties U.S. debt ceiling deal to spending cuts, other Republican prioritiesIn a high-profile speech at the New York Stock Exchange, the U.S. House speaker said Biden is "missing in action" as the deadline nears to raise the debt limit.U.S. NewsApr 17, 2023
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U.S. could default this summer if debt ceiling deal not reached, budget office warnsThe Congressional Budget Office said the U.S. Treasury Department will exhaust its ability to pay all its bills sometime between July and September unless a deal is reached.U.S. NewsFeb 15, 2023
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The U.S. has hit its debt ceiling. How could Canada be impacted if a deal isn’t reached?U.S. officials have given lawmakers until June to reach a deal to raise its borrowing limit, but experts are split on whether the fight will spark an economic crisis in Canada.EconomyJan 19, 2023
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