Feds’ unheralded $102B rainy day fund kept for the improbable, like cyberattacks

Mar 13 08:03 2018 Print This Article

OTTAWA — The federal government committed hundreds of millions of dollars in its recent budget to help reinforce Canada’s cyber defences — but if the effort fails to prevent a major attack, Ottawa can always turn to its little-known $102-billion emergency stash. The rainy day fund of highly liquid assets is available to keep the government running for at least a month should  the country ever find itself confronted by a […]

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