The final driver is interest rates. Some of our obligations are accrued, and as interest rates go down, the cost of future obligations increases.
On June 8th, 2017. See this statement in context.
On June 8th, 2017. See this statement in context.
Assistant Secretary, Expenditure Management, Treasury Board Secretariat
The final driver is interest rates. Some of our obligations are accrued, and as interest rates go down, the cost of future obligations increases.
See context to find out what was said next.