Budget watchdog says NATO 5% pledge to hike deficit by $63B
The extra defence spending will cost the country an extra $33.5 billion a year: PBO
- By: Kyle Duggan, The Canadian Press
- February 5, 2026 February 5, 2026
- 10:05
The extra defence spending will cost the country an extra $33.5 billion a year: PBO
The central bank last cut its key rate in December
The bank's benchmark deposit rate has stood at 2% since June
12.1 million recipients to benefit: PBO
Plus, an update on a tax credit previously proposed by FP Canada
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13% of young adults spend more than $1,000 a year on lifestyle subscriptions
Trump appointed Miran in September to a seat on the Fed's seven-member board of governors
Toronto, Ottawa are bidding to host the bank
Since 2022, $15.5 billion of Canada green bonds have been issued
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Amount includes tax refunds, pension cheques and benefits
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For dealers, preparing for compliance will include reviewing agreements with fund managers
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EI premium will increase by less than 1%
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Trump has repeatedly criticized the Fed for not moving faster to cut rates
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