feds unheralded $102b rainy day fund kept for the improbable, like cyberattacks /

Published at 2018-03-13 10:32:56

Home / Categories / Federal / feds unheralded $102b rainy day fund kept for the improbable, like cyberattacks
OTTAWA — The federal government committed hundreds of millions of dollars in its recent budget to assist reinforce Canadas cyber defences — but if the effort fails to prevent a major attack, Ottawa can always turn to its shrimp-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 […]The post Feds unheralded $102B rainy day fund kept for the improbable, like cyberattacks appeared first on iPolitics.

Source: ipolitics.ca

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