The Borrowing Authority Act and measures of federal debt .: YN5-158/2018E-PDF
"Recent changes to the Financial Administration Act require the Government of Canada to seek parliamentary approval to borrow in debt markets. The Government has done so with the Borrowing Authority Act, which came into force on 23 November 2017. Parliamentarians were consequently presented with a new debt aggregate on which to vote, which was previously unpublished: government and agent Crown corporation market debt. As discussed in the Government’s Debt Management Strategy for 2018-19, this debt is expected to reach $1,066 billion in 2018-19. This report was prepared to address two areas of confusion that have arisen in committees and debates following Budget 2018: 1. How was this new debt aggregate calculated? 2. How should it be used to scrutinize government borrowing?"--Executive summary, p. 1.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.856584&sl=0
| Department/Agency | Canada. Office of the Parliamentary Budget Officer. |
|---|---|
| Title | The Borrowing Authority Act and measures of federal debt . |
| Publication type | Monograph |
| Language | [English] |
| Other language editions | [French] |
| Format | Electronic |
| Electronic document | |
| Note(s) | Issued also in French under title: La Loi autorisant certains emprunts et les mesures de la dette fédérale. Cover title. "23 April 2018." Includes bibliographical references. |
| Publishing information | Ottawa : Office of the Parliamentary Budget Officer, 2018. |
| Description | 12 p. |
| Catalogue number |
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| Subject terms | National debt Parliamentary procedure |