Canadian government bond issuance forecasted by CIBC to rise 22% to around C$250B in 2024-25.

CIBC forecasts Canadian government bond issuance to rise 22% to around C$250B ($186B) in 2024-25, largely due to refinancing needs, budget balance, and non-budget items. This marks the largest issuance excluding the 2020-21 and 2021-22 pandemic years, when record deficits were incurred. Finance Minister Chrystia Freeland is set to introduce the government's budget on April 16.

March 13, 2024
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