Canada’s debt ranking falls from best in G7 to 7th worst of 32 advanced countries when total debt is measured

Caution Required When Comparing Canada’s Debt to that of Other Countries, 2024


VANCOUVER—Canada’s relative debt position is much worse than the federal government suggests when a larger group of advanced countries are included and total debt—not just net debt—is measured, finds a new study released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.

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