New data Budget Balance (Sep)
11/29/2024
actual -3.17, previous -2.55
The event is the Budget Balance for September in Canada. The actual budget balance for September was -3.17 billion CAD, which was lower than the previous month's balance of -2.55 billion CAD. This represents a decrease of 0.62 billion CAD from the previous month. The actual budget balance was also lower than the estimated balance of -1.82 billion CAD.This event is considered to have a low impact on the market, as it provides insight into the financial health of the Canadian government but may not significantly affect market trends. The decrease in the budget balance from the previous month may indicate a widening deficit or reduced surplus for the government in September.
This is not investment advice. Remember to verify the information provided here.
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