94BS Int.fin. 23

TIDM94BS

RNS Number : 0632Q

Her Majesty in Right of Canada

24 February 2016

Her Majesty in right of Canada (the "Issuer")

24 February 2016

CANADA - REVISED ECONOMIC OUTLOOK

The following document has been filed with Morningstar plc (appointed by the Financial Conduct Authority to act as the National Storage Mechanism) and will be available for viewing at http://www.hemscott.com/nsm.do:

Exhibit 99.C-5 (Backgrounder - Canadian Economic Outlook) of Amendment No. 1 to Canada's Form 18-K for the fiscal year ended March 31, 2015 and filed with U.S. Securities and Exchange Commission on February 23, 2016.

A copy of the full document can be accessed on the links below or, alternatively, paste the following URL into the address bar of your internet browser:

http://www.rns-pdf.londonstockexchange.com/rns/0632Q_-2016-2-24.pdf

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the prospectus dated 17 December 2015 relating to the Issuer's Programme for the Issuance of Notes and all supplements thereto (together herein referred to as the "Prospectus") may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Prospectus, as supplemented, is not addressed. Prior to relying on the information contained in the Prospectus, as supplemented, you must ascertain from the Prospectus, as supplemented, whether or not you are part of the intended addressees of the information contained therein.

The Prospectus does not constitute an offer of securities for sale in the United States. The Notes to be offered under the Prospectus have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act") and are subject to tax law requirements. Subject to certain exceptions, these Notes may not be offered, sold or delivered in the United States or to or for the account of US persons (as defined in Regulation S under the Securities Act).

Your right to access this service is conditional upon complying with the above requirements.

For further information, please contact:

Mervin Merkowsky

Chief, Reserves Management Section

Funds Management Division

Department of Finance Canada

Telephone Number: 001 613 369 3930

Fax Number: 001 613 369 3922

Email: mervin.merkowsky@canada.ca

This information is provided by RNS

The company news service from the London Stock Exchange

END

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