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Add as a preferred source on GoogleCanada Plans C$611 Billion in 2027-28 Borrowing, About 72% for Refinancing
The plan rises from C$587 billion in fiscal 2026-27, with approximately 72% intended to replace debt coming due.
Canada plans to borrow C$611 billion in fiscal 2027-28, up from C$587 billion a year earlier, with approximately 72% intended to refinance debt that matures.
That share makes refinancing the largest stated use of the planned borrowing. Refinancing means replacing existing debt as it comes due.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.