Canada: 72% of total government borrowing will be used to refinance maturing debt. Treasury notes of 290 billion Canadian dollars will be issued in 2027/28, up from $284 billion in 2026/27. It will issue 316 billion Canadian dollars in bonds in 2027/28, up from $298 billion in 2026/27.

Canada: 72% of total government borrowing will be used to refinance maturing debt. Treasury notes of 290 billion Canadian dollars will be issued in 2027/28, up from $284 billion in 2026/27. It will issue 316 billion Canadian dollars in bonds in 2027/28, up from $298 billion in 2026/27.