Mr. Yves Giroux at the Government Operations and Estimates Committee

On June 17th, 2024. See this statement in context.

June 17th, 2024 / 12:25 p.m.

Parliamentary Budget Officer, Office of the Parliamentary Budget Officer

I think it's related to the effective interest rate on the stock of debt that turned out to be higher than expected at the time of the putting together of the main estimates. You're correct. It's a bit surprising, but it's not entirely surprising given it's a stock of debt of well over $1.6 billion.

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