Only seven industrialized countries had higher levels of government indebtedness than Canada.
According to forecasts, Canada will be the worst-performing advanced economy from 2020 to 2030.
The national debt will reach a projected $2 trillion by 2025-26.
Despite the dismal state of federal finances, the speech did not include the terms “deficit” or “debt."
The federal debt has eclipsed$1 trillion, with budget deficits projected for years to come.
Several businesses, particularly in the service industry, are struggling to find workers.
During the Trudeau period, business investment actually declined by 0.2 per cent.
On health-care wait times, Canada consistently ranks lowest among comparable countries with universal health care.