7-in-10 provinces had combined government debt burdens that exceeded the size of their entire economies in 2022, curbing economic growth
The Effect of Government Debt on Economic Growth in the Canadian Provinces
By Fraser Institute —— Bio and Archives--November 7, 2024
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER—Combined federal and provincial government debt in seven provinces exceeded the value of all goods and services produced in those provinces as recently as 2022, impairing economic growth and living standards, according to a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think tank.
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