FX.co ★ Canada's Budget Balance Deteriorates to -25.7B in January 2024

Canada's budget balance took a hit in January 2024, with the indicator dropping to -25.7B compared to the previous month's -23.61B in December 2023. This year-over-year comparison indicates a challenging financial situation for the country's economy. The data was updated on 22 March 2024, showing a concerning trend in the government's financial standing. As Canada navigates economic uncertainties, stakeholders will be closely monitoring future developments to assess the impact of these budget deficits on the overall financial health of the nation.