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The Growing Debt Burden for Canadians: 2021 Edition
Budget deficits and increasing debt have become serious fiscal challenges facing the federal and many provincial governments recently. Since 2007/08, combined federal and provincial net debt (inflation-adjusted) has doubled from $1.0 trillion to a ...
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Canada’s Aging Population and Long-Term Projections for Federal Finances
Canada’s fiscal challenges extend far beyond just the short-term impact of COVID-19. An aging population will continue to place upward pressure on federal finances and a new structural imbalance between revenues and spending means deficits and ...
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The Growing Debt Burden for Canadians
Budget deficits and increasing debt have become serious fiscal challenges facing the federal and many provincial governments today. Since 2007/08, combined federal and provincial nominal net debt has grown from $837.0 billion to a projected $1.5 ...
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Wartime presidents added most to U.S. federal debt-to-GDP ratio
The total federal debt of the United States has grown steeply in recent years and now stands at almost $22 trillion or about 107 per cent of GDP. While it’s tempting to conclude that the buck always stops with a sitting president, every ...