Canada to Bolster Bill Sales as Bank of Canada Action Looms

Photographer: Brent Lewin/Bloomberg
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Canada plans to increase sales of short-term debt this fiscal year, even as government finances improve and overall debt issuance declines for the second year in a row.

The federal government plans to increase the stock of treasury bills by 14% to C$213 billion ($169 billion), according the documents released as part of Finance Minister Chrystia Freeland’s budget on Thursday.