Ottawa's fiscal boost already spent as economists question growth strategy [Wealth Professional (Canada)]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am
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seekingalpha.com/article/4128193-bank-nova-scotias-bns-ceo-brian-porter-q4-2017-results-earnings-call-transcript
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Source: Wealth Professional
Canada's Spring Economic Update delivered a better-than-expected fiscal picture, but economists say the government has already committed most of the gains, leaving little capacity to drive new economic growth initiatives. The federal deficit is now projected at $66.9 billion, an $11.5 billion improvement from Budget 2025, with a gradual decline expected to $53.2 billion in the years ahead. The stronger outlook reflects a resilient economy, supported by steady job creation and higher commodity prices. Canada's economy expanded by 1.7% in 2025 and avoided a downturn despite ongoing global uncertainty and trade pressures. But much of the improvement has already been used. “The economic changes are lopsided towards improved government revenues rather than any real change in government spending,” says David-Alexandre Brassard, chief economist at CPA Canada. “With revenues revised upward, the government didn't have to deliver the substantial savings in operating expenses it had out
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BNS
Earnings
- 2/24/26 - Beat
BNS
Sec Filings
- 4/29/26 - Form FWP
- 4/29/26 - Form 424B2
- 4/29/26 - Form 424B2
- BNS's page on the SEC website