The federal debt-to-GDP ratio is on track to increase between 2022-23 and 2023-24.
Blog - Fraser Forum
Among Britons aged 18 to 34, support for socialism increases to 53 per cent.
The total value of government debt in 2022 in Canada exceeded the entire size of the economy by more than 10 per cent.
The budget projects a deficit of $1.3 billion this year.
Per-person spending will reach $14,790 in 2023/24—an increase of about 5 per cent from 2019/20.
Most governments across Canada have recognized that it’s unfair to collect additional tax revenue on salary adjustments.
Ontario's government debt has reached nearly $400 billion.
The effects of a recession could set off a debt “doom loop” with the debt ratio spiralling upward.
The province's debt-to-GDP ratio will climb to a projected 22.5 per cent in 2025.