Last month, federal debt hit double what was owed when Justin Trudeau came to power. Young Canadians will be paying. Read more.
— Read on financialpost.com/opinion/trudeau-doubled-down-debt
Tag: Debt
Canada’s world-leading household debt hurts these people the most | Financial Post
Higher interest payments are now sucking up almost 20% of income for some Canadians. Read more
— Read on financialpost.com/news/where-canada-world-leading-household-debt-hurting-most
John Ivison: Freeland budget said deficits were under control. Not so | National Post
Turns out the deficit was actually $50.9 billion, making it much harder to reduce the debt-to-GDP ratio. Canadians may have been misled.
— Read on nationalpost.com/opinion/ivison-federal-deficit-higher-than-freeland-said
Trudeau plan could ‘exhaust’ Canada’s fiscal room: PBO – BNN Bloomberg
Trudeau plan could ‘exhaust’ Canada’s fiscal room: PBO – BNN Bloomberg
— Read on www.bnnbloomberg.ca/trudeau-plan-could-exhaust-canada-s-fiscal-room-pbo-1.1599544
‘Experimental’ deficit spending puts Canada on risky path: Charest – BNN Bloomberg
‘Experimental’ deficit spending puts Canada on risky path: Charest – BNN Bloomberg
— Read on www.bnnbloomberg.ca/experimental-deficit-spending-puts-canada-on-risky-path-charest-1.1594498
Trudeau Racks Up Biggest Budget Deficit Ever in Just Two Months – Bloomberg
Prime Minister Justin Trudeau’s efforts to prevent the Canadian economy from collapsing have resulted in more red ink in just two months than in any full year in the country’s history.
— Read on www.bloomberg.com/news/articles/2020-07-31/trudeau-racks-up-biggest-budget-deficit-ever-in-just-two-months
Justin Trudeau’s gaping deficit begins new era of debt for Canada – BNN Bloomberg
Justin Trudeau’s gaping deficit begins new era of debt for Canada – BNN Bloomberg
— Read on www.bnnbloomberg.ca/justin-trudeau-s-gaping-deficit-begins-new-era-of-debt-for-canada-1.1462135