federal government debt

11:39AM
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Two fiscal freight trains hurling toward Ottawa

The annual deficit from a recession could increase from its current level of $19 billion to almost $50 billion.


9:21AM
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Government debt and the next recession

Over a ten-year period, Canada’s general government gross debt rose from 69 per cent to 87 per cent.


9:56AM
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Interest payments on household debt consume 6 per cent of disposable income compared to almost 11 per cent in 1990.


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Prime Minister Trudeau has raised taxes on skilled workers and entrepreneurs.


8:55AM
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Prime Minister Justin Trudeau’s expected level of per person spending this fiscal year ($8,337) is just $38 less than the all-time high.