Canada Committed to Lower Debt Ratio, Morneau Says

Canada’s Finance Minister is sticking by his pledge to lower the nation’s debt ratio, signaling the government won’t push much deeper into deficit when it delivers its budget this week. Bloomberg's Josh Wingrove reports. (Source: Bloomberg)

Hydro One CEO on Avista Deal
52:33 - Hydro One fell the most in eight months after agreeing to buy U.S. power supplier Avista in a $3.4 billion deal that analysts said is too costly and exposes the Canadian energy company to regulatory hassles. But Hydro One President and CEO Mayo Schmidt says the debt issued to fund Avista deal won't be on the government's balance sheet, nor would it impact Ontarians. He speaks to Lily Jamali on "Bloomberg Markets Canada." (Source: Bloomberg)
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