By Fraser Institute —— Bio and Archives--February 2, 2021
TORONTO—Combined federal and provincial debt in Canada has doubled from $1.0 trillion in 2007/08 to a projected $2.0 trillion this year, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Government debt—federally and in every province—has grown substantially over the past 13 years, creating serious fiscal challenges for Ottawa and provincial governments in the years ahead,” said Jake Fuss, a senior economist at the Fraser Institute and co-author of The Growing Debt Burden for Canadians: 2021 Edition.The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
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