Tue, 21-Oct-2025

Canada’s gross external debt increases in Q3

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OTTAWA — Canada’s gross external debt increased 167.3 billion Canadian dollars to 3,251.3 billion Canadian dollars at the end of the third quarter of 2021, Statistics Canada said Thursday. This represented 129.8 percent of the gross domestic product, up compared with 125.8 percent at the end of the second quarter. The government sector’s gross external … Read more

U.S. dollar falls amid rising risk aversion

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NEW YORK — The U.S. dollar recorded a deep decrease in late trading on Friday as demand for safe haven shot up. The dollar index, which measures the greenback against six major peers, decreased 0.75 percent at 96.0468 in late trading. The discovery of a new COVID-19 variant in South Africa sent jitters across global … Read more