Canada's Debt Servicing Costs To Surpass GST Revenue
by the deep dive
the deep dive— The Canadian federal government has a major debt problem on its hands. Projections included within the 2024 budget released this
LifeSiteNews—Canada’s postal service refuses to help with Trudeau’s gun ban buyback program: report. According to a report, Canada's mail service notified the Trudeau government via a letter that it would not participate in the buyback scheme, citing safety concerns for its employees.
CNBC—The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says. The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.
MediaNama—Microsoft’s FY2024 Q3 Earnings: Azure Boosts Profits by 31%, Copilot and AI Services Propel Revenue. During the earnings call, company CEO Nadella stated that usage of Azure for those working an any AI project has significantly brought in new customers.