Canada targets 25 pct federal debt-to-GDP ratio by 2021

Thu Sep 5, 2013 8:33am EDT
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Sept 5 (Reuters) - Canada is targeting a federal debt-to-GDP (gross domestic product) ratio of 25 percent by 2021, Prime Minister Stephen Harper said on Thursday.

Harper, whose Conservative government has pledged to balance the federal budget by 2015, made the announcement at the Group of 20 summit in St. Petersburg, Russia.