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5yr Yield Dips 2 Bps After Markets Digest Ottawa's Spend-a-thon

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See also: Mortgage Tidbits (below), including an OSFI loan-to-income update.

The budget is out, and the Liberal Government is spending big this year...

Because why stop now?

"Investments" in economic rebuilding resulted in a projected deficit nearly double last year’s estimate.

That aside, Ottawa's fiscal plan contained no bombshells for the housing market—and even a few goodies.

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