If Canadian families spent and borrowed like the federal government, they would be $427,759 in debt
Understanding the Scale of Canada’s Federal Deficit
By Fraser Institute —— Bio and Archives--September 17, 2024
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER— If the median Canadian family spent and borrowed like the federal government, they would already be $427,759 in debt and continuing to borrow, finds a new study published today by the Fraser Institute.
“If the median family in Canada spent and borrowed like the federal government, they would be in serious financial trouble,” said Grady Munro, a Fraser Institute policy analyst and co-author of Understanding the Scale of Canada’s Federal Deficit.
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