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Examining Federal Debt in Canada by Prime Minister Since Confederation

Trudeau breaks record for debt growth among prime ministers in Canadian history


Trudeau breaks record for debt growth among prime ministers in Canadian historyTORONTO—Prime Minister Justin Trudeau has increased per-person federal government debt more than any other prime minister who didn’t face a world war or recession, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “This federal government’s legacy will now include record high levels of debt accumulation, due to spending increases that continue to outpace revenue,” said Finn Poschmann, resident scholar at the Fraser Institute.
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