#Economy & #Stocks Review - Canada Issuing US Dollar Denominate Debt
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| E&S Review |
Much of today’s economic data, including officially collected and produced time series, is highly unreliable. Statisticians use well-documented techniques such as geometric smoothing, seasonal adjustments, substitution, double counting, and hedonic adjustments to modify economic outcomes dating back to the 1980s. Politicians and central bankers often leverage these techniques for political gain.
Data manipulated by these statistical methods are frequently revised without clear notification to the public, especially when administrations or public policies change.
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Canada Issuing US Dollar Denominate Debt
The Government of Canada recently issued a US-dollar global bond worth $3.5 billion on March 11, 2025. This five-year bond aims to bolster Canada’s foreign reserves, ensuring liquidity and stability in foreign exchange markets. The issuance saw robust demand, with an order book exceeding $13.9 billion, reflecting strong investor confidence in Canada’s AAA credit rating and resilient economy.
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Source: http://www.edegrootinsights.com/2025/03/economy-stocks-review-canada-issuing-us.html
