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Canada Posts Budget Surplus So Far In 2022 Amid High Oil Prices


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https://www.reuters.com/markets/rates-bonds/canada-records-c633-bln-budget-surplus-over-first-four-months-202223-2022-09-23/

 

Canada posted an unexpected operating budget surplus of $6.33 Billion for 2022 as of June Amid higher oil prices than expected, Canada's biggest export. Stronger economic growth than expected also helped revenues

 

However given falling oil prices as of last month and a bow slowing economy, it is highly unlikely the year will finish on the green

 

 

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