Current federal government has increased per-person debt by 35.3 per cent since 2015, the third highest amount since World War II
Examining Federal Debt in Canada by Prime Ministers Since Confederation, 2022
By Fraser Institute —— Bio and Archives--July 14, 2022
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER—Prime Minister Trudeau’s government has increased per-person debt by 35.3 per cent since 2015, the third highest amount since World War II, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“While some emergency spending for COVID was necessary, the significant increase in federal debt in recent years means more tax dollars will go towards paying interest and future generations are on the hook for today’s spending,” said Jake Fuss, Associate Director of Fiscal Studies with the Fraser Institute and co-author of Examining Federal Debt in Canada by Prime Ministers Since Confederation, 2022.
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